Trading Report for Applied Industrial AIT

Source: Stock Traders Daily

Technical Summary

Term →Near Mid Long
Bias Neutral Weak Strong
P1 0 0 89.48
P2 94.54 95.45 97.32
P3 96.66 97.76 105.80

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Applied Industrial (NYSE: AIT) while incorporating prudent risk controls. 

Warning: This is a static report, and the data was valid at the time of the publication, but support and resistance levels for AIT change over time, and the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte. 

Instructions: The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AIT is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

This data is further refined to differentiate trading plans for Day Trading AIT, Swing Trading AIT, and Long Term Investing plans for AIT too.

Longer Term Trading Plans for AIT

June 11, 2021, 12:30 am ET

Our Longer Term Plans for AIT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AIT Report.

AIT - (Long) Support Plan

Buy over 89.48 target 97.32 stop loss @ 89.22

The technical summary data tells us to buy AIT near 89.48 with an upside target of 97.32. This data also tells us to set a stop loss @ 89.22 to protect against excessive loss in case the stock begins to move against the trade. 89.48 is the first level of support below 94 , and by rule, any test of support is a buy signal. In this case, support 89.48 would be being tested, so a buy signal would exist.

AIT - (Short) Resistance Plan

Short under 97.32, target 89.48, stop loss @ 97.6

The technical summary data is suggesting a short of AIT as it gets near 97.32 with a downside target of 89.48. We should have a stop loss in place at 97.6though. 97.32 is the first level of resistance above 94, and by rule, any test of resistance is a short signal. In this case, if resistance 97.32 is being tested, so a short signal would exist.


AIT Long Term Analysis for June 11 2021

Graph of Evitar Corte vs S&P 500

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Swing Trading Plans for AIT

June 11, 2021, 12:30 am ET

Our Swing Trading Plans for AIT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AIT Report.

AIT - (Long) Support Plan

Buy over 95.45, target 97.32, Stop Loss @ 95.17

If 95.45 begins to break higher, the technical summary data tells us to buy AIT just over 95.45, with an upside target of 97.32. The data also tells us to set a stop loss @ 95.17 in case the stock turns against the trade. 95.45 is the first level of resistance above 94, and by rule, any break above resistance is a buy signal. In this case, 95.45, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

AIT - (Short) Resistance Plan

Short near 95.45, target 89.48, Stop Loss @ 95.73.

The technical summary data is suggesting a short of AIT if it tests 95.45 with a downside target of 89.48. We should have a stop loss in place at 95.73 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 95.45, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


AIT Swing Trading Analysis for June 11 2021

Day Trading Plans for AIT

June 11, 2021, 12:30 am ET

Our Day Trading Plans for AIT help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AIT Report.

AIT - (Long) Support Plan

Buy over 94.54, target 95.45, Stop Loss @ 94.32

If 94.54 begins to break higher, the technical summary data tells us to buy AIT just over 94.54, with an upside target of 95.45. The data also tells us to set a stop loss @ 94.32 in case the stock turns against the trade. 94.54 is the first level of resistance above 94, and by rule, any break above resistance is a buy signal. In this case, 94.54, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

AIT - (Short) Resistance Plan

Short near 94.54, target 89.48, Stop Loss @ 94.76.

The technical summary data is suggesting a short of AIT if it tests 94.54 with a downside target of 89.48. We should have a stop loss in place at 94.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 94.54, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


AIT Day Trading Analysis for June 11 2021