Learn to Evaluate (ATRO) using the Charts
September 17, 2024, 18:20 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ATRO
- Buy ATRO near 18.9 target 20.9 stop loss @ 18.85 Details
The technical summary data tells us to buy ATRO near 18.9 with an upside target of 20.9. This data also tells us to set a stop loss @ 18.85 to protect against excessive loss in case the stock begins to move against the trade. 18.9 is the first level of support below 19.86 , and by rule, any test of support is a buy signal. In this case, support 18.9 would be being tested, so a buy signal would exist.
- Short ATRO slightly under 20.9, target 18.9, stop loss @ 20.96 Details
The technical summary data is suggesting a short of ATRO as it gets near 20.9 with a downside target of 18.9. We should have a stop loss in place at 20.96though. 20.9 is the first level of resistance above 19.86, and by rule, any test of resistance is a short signal. In this case, if resistance 20.9 is being tested, so a short signal would exist.
Swing Trading Plans for ATRO
- Buy ATRO slightly over 20.9, target 23.06, Stop Loss @ 20.84 Details
If 20.9 begins to break higher, the technical summary data tells us to buy ATRO just slightly over 20.9, with an upside target of 23.06. The data also tells us to set a stop loss @ 20.84 in case the stock turns against the trade. 20.9 is the first level of resistance above 19.86, and by rule, any break above resistance is a buy signal. In this case, 20.9, 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 ATRO slightly near 20.9, target 19.16, Stop Loss @ 20.96. Details
The technical summary data is suggesting a short of ATRO if it tests 20.9 with a downside target of 19.16. We should have a stop loss in place at 20.96 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, 20.9, 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 ATRO
- Buy ATRO slightly over 19.92, target 20.9, Stop Loss @ 19.87 Details
If 19.92 begins to break higher, the technical summary data tells us to buy ATRO just slightly over 19.92, with an upside target of 20.9. The data also tells us to set a stop loss @ 19.87 in case the stock turns against the trade. 19.92 is the first level of resistance above 19.86, and by rule, any break above resistance is a buy signal. In this case, 19.92, 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 ATRO slightly near 19.92, target 19.47, Stop Loss @ 19.97. Details
The technical summary data is suggesting a short of ATRO if it tests 19.92 with a downside target of 19.47. We should have a stop loss in place at 19.97 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, 19.92, 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 Astronics Corporation (ATRO) available here: ATRO.
ATRO Ratings for September 17:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Weak |
Strong |
P1 |
0 |
0 |
18.9 |
P2 |
19.47 |
17.5 |
20.9 |
P3 |
19.92 |
19.16 |
23.06 |
AI Generated Signals for ATRO
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 Astronics Corporation (NASDAQ: ATRO) report below can help you understand how to do this. The trading plans for ATRO, 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 ATRO: