Trading Agilysys AGYS With Integrated Risk Controls

July 10, 2021, 00:00 am ET, BY Simon M. - Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Agilysys (NASDAQ: AGYS) report below can help you, but we have more details too. The trading plans for AGYS, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for AGYS
  • Buy AGYS slightly over 51.98 target 59.48 stop loss @ 51.83 Details

    • The technical summary data tells us to buy AGYS near 51.98 with an upside target of 59.48. This data also tells us to set a stop loss @ 51.83 to protect against excessive loss in case the stock begins to move against the trade. 51.98 is the first level of support below 57.33 , and by rule, any test of support is a buy signal. In this case, support 51.98 would be being tested, so a buy signal would exist.

  • Short AGYS under 59.48, target 51.98, stop loss @ 59.65 Details

    • The technical summary data is suggesting a short of AGYS as it gets near 59.48 with a downside target of 51.98. We should have a stop loss in place at 59.65though. 59.48 is the first level of resistance above 57.33, and by rule, any test of resistance is a short signal. In this case, if resistance 59.48 is being tested, so a short signal would exist.

Swing Trading Plans for AGYS
  • Buy AGYS slightly over 58.28, target 59.48, Stop Loss @ 58.11 Details

    • If 58.28 begins to break higher, the technical summary data tells us to buy AGYS just slightly over 58.28, with an upside target of 59.48. The data also tells us to set a stop loss @ 58.11 in case the stock turns against the trade. 58.28 is the first level of resistance above 57.33, and by rule, any break above resistance is a buy signal. In this case, 58.28, 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 AGYS near 58.28, target 55.59, Stop Loss @ 58.45. Details

    • The technical summary data is suggesting a short of AGYS if it tests 58.28 with a downside target of 55.59. We should have a stop loss in place at 58.45 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, 58.28, 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 AGYS
  • Buy AGYS slightly over 58.28, target 59.48, Stop Loss @ 58.14 Details

    • If 58.28 begins to break higher, the technical summary data tells us to buy AGYS just slightly over 58.28, with an upside target of 59.48. The data also tells us to set a stop loss @ 58.14 in case the stock turns against the trade. 58.28 is the first level of resistance above 57.33, and by rule, any break above resistance is a buy signal. In this case, 58.28, 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 AGYS near 58.28, target 57.20, Stop Loss @ 58.42. Details

    • The technical summary data is suggesting a short of AGYS if it tests 58.28 with a downside target of 57.20. We should have a stop loss in place at 58.42 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, 58.28, 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.

AGYS Ratings for July 10:

Term →Near Mid Long
Rating Weak Neutral Strong
P1 0 0 51.98
P2 55.04 55.59 59.48
P3 57.20 58.28 68.25
⚠Triggers may have already come
Support and Resistance Plot Chart for AGYS

AGYS Long Term Analysis for July 10 2021

Blue = Current Price
Red = Resistance
Green = Support

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Our Market Crash Leading Indicator is Evitar Corte.

  • Evitar Corte warned of market crash risk four times since 2000.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It identified the Corona Crash too.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change: Take a Trial