Learn to Evaluate (DXC) using the Charts
December 24, 2024, 11:02 am ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DXC
- Buy DXC near 20.23 target 22.84 stop loss @ 20.17 Details
The technical summary data tells us to buy DXC near 20.23 with an upside target of 22.84. This data also tells us to set a stop loss @ 20.17 to protect against excessive loss in case the stock begins to move against the trade. 20.23 is the first level of support below 20.69 , and by rule, any test of support is a buy signal. In this case, support 20.23 is being tested, a buy signal would exist.
- Short DXC slightly under 22.84, target 20.23, stop loss @ 22.91 Details
The technical summary data is suggesting a short of DXC as it gets near 22.84 with a downside target of 20.23. We should have a stop loss in place at 22.91though. 22.84 is the first level of resistance above 20.69, and by rule, any test of resistance is a short signal. In this case, if resistance 22.84 is being tested, a short signal would exist.
Swing Trading Plans for DXC
- Buy DXC slightly over 21.28, target 22.84, Stop Loss @ 21.22 Details
If 21.28 begins to break higher, the technical summary data tells us to buy DXC just slightly over 21.28, with an upside target of 22.84. The data also tells us to set a stop loss @ 21.22 in case the stock turns against the trade. 21.28 is the first level of resistance above 20.69, and by rule, any break above resistance is a buy signal. In this case, 21.28, 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 DXC slightly near 21.28, target 20.52, Stop Loss @ 21.34. Details
The technical summary data is suggesting a short of DXC if it tests 21.28 with a downside target of 20.52. We should have a stop loss in place at 21.34 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, 21.28, 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 DXC
- Buy DXC slightly over 21.28, target 22.84, Stop Loss @ 21.23 Details
If 21.28 begins to break higher, the technical summary data tells us to buy DXC just slightly over 21.28, with an upside target of 22.84. The data also tells us to set a stop loss @ 21.23 in case the stock turns against the trade. 21.28 is the first level of resistance above 20.69, and by rule, any break above resistance is a buy signal. In this case, 21.28, 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 DXC slightly near 21.28, target 20.58, Stop Loss @ 21.33. Details
The technical summary data is suggesting a short of DXC if it tests 21.28 with a downside target of 20.58. We should have a stop loss in place at 21.33 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, 21.28, 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 Dxc Technology Company (DXC) available here: DXC.
DXC Ratings for December 24:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Neutral |
P1 |
0 |
0 |
17.63 |
P2 |
20.58 |
20.52 |
20.23 |
P3 |
21.14 |
21.28 |
22.84 |
AI Generated Signals for DXC
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Dxc Technology Company (NYSE: DXC) report below can help you understand how to do this. The trading plans for DXC, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DXC: