When State Street ($STT) Moves Investors should Listen
November 01, 2023, 07:15 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for STT
- Buy STT slightly over 59.79 target 66.90 stop loss @ 59.62 Details
The technical summary data tells us to buy STT near 59.79 with an upside target of 66.90. This data also tells us to set a stop loss @ 59.62 to protect against excessive loss in case the stock begins to move against the trade. 59.79 is the first level of support below 64.63 , and by rule, any test of support is a buy signal. In this case, support 59.79 would be being tested, so a buy signal would exist.
- Short STT slightly under 66.90, target 59.79, stop loss @ 67.09 Details
The technical summary data is suggesting a short of STT as it gets near 66.90 with a downside target of 59.79. We should have a stop loss in place at 67.09though. 66.90 is the first level of resistance above 64.63, and by rule, any test of resistance is a short signal. In this case, if resistance 66.90 is being tested, so a short signal would exist.
Swing Trading Plans for STT
- Buy STT slightly over 65.77, target 66.90, Stop Loss @ 65.58 Details
If 65.77 begins to break higher, the technical summary data tells us to buy STT just slightly over 65.77, with an upside target of 66.90. The data also tells us to set a stop loss @ 65.58 in case the stock turns against the trade. 65.77 is the first level of resistance above 64.63, and by rule, any break above resistance is a buy signal. In this case, 65.77, 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.
- Short STT slightly near 65.77, target 62.66, Stop Loss @ 65.96. Details
The technical summary data is suggesting a short of STT if it tests 65.77 with a downside target of 62.66. We should have a stop loss in place at 65.96 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, 65.77, 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.
Day Trading Plans for STT
- Buy STT slightly over 65.77, target 66.90, Stop Loss @ 65.62 Details
If 65.77 begins to break higher, the technical summary data tells us to buy STT just slightly over 65.77, with an upside target of 66.90. The data also tells us to set a stop loss @ 65.62 in case the stock turns against the trade. 65.77 is the first level of resistance above 64.63, and by rule, any break above resistance is a buy signal. In this case, 65.77, 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.
- Short STT slightly near 65.77, target 64.26, Stop Loss @ 65.92. Details
The technical summary data is suggesting a short of STT if it tests 65.77 with a downside target of 64.26. We should have a stop loss in place at 65.92 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, 65.77, 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.
Check the time stamp on this data. Updated AI-Generated Signals for State Street (STT) available here: STT.
STT Ratings for November 01:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Weak |
| P1 |
0 |
0 |
59.79 |
| P2 |
63.17 |
62.66 |
66.90 |
| P3 |
64.26 |
65.77 |
74.01 |
AI Generated Signals for STT
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The State Street (NYSE: STT) report below is a real world example. Included are trading plans for STT, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for STT:
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