May 09, 2024, 07:08 am ET, BY Simon M. - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ATRI
- Buy ATRI slightly over 336.14 target 421.63 stop loss @ 335.17 Details
The technical summary data tells us to buy ATRI near 336.14 with an upside target of 421.63. This data also tells us to set a stop loss @ 335.17 to protect against excessive loss in case the stock begins to move against the trade. 336.14 is the first level of support below 410.18 , and by rule, any test of support is a buy signal. In this case, support 336.14 is being tested, a buy signal would exist.
- Short ATRI slightly under 421.63, target 336.14, stop loss @ 422.85 Details
The technical summary data is suggesting a short of ATRI as it gets near 421.63 with a downside target of 336.14. We should have a stop loss in place at 422.85though. 421.63 is the first level of resistance above 410.18, and by rule, any test of resistance is a short signal. In this case, if resistance 421.63 is being tested, a short signal would exist.
Swing Trading Plans for ATRI
- Buy ATRI slightly over 410.53, target 421.63, Stop Loss @ 409.34 Details
If 410.53 begins to break higher, the technical summary data tells us to buy ATRI just slightly over 410.53, with an upside target of 421.63. The data also tells us to set a stop loss @ 409.34 in case the stock turns against the trade. 410.53 is the first level of resistance above 410.18, and by rule, any break above resistance is a buy signal. In this case, 410.53, 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 ATRI slightly near 410.53, target 336.14, Stop Loss @ 411.72. Details
The technical summary data is suggesting a short of ATRI if it tests 410.53 with a downside target of 336.14. We should have a stop loss in place at 411.72 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, 410.53, 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 ATRI
- Buy ATRI slightly over 410.53, target 421.63, Stop Loss @ 409.57 Details
If 410.53 begins to break higher, the technical summary data tells us to buy ATRI just slightly over 410.53, with an upside target of 421.63. The data also tells us to set a stop loss @ 409.57 in case the stock turns against the trade. 410.53 is the first level of resistance above 410.18, and by rule, any break above resistance is a buy signal. In this case, 410.53, 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 ATRI slightly near 410.53, target 403.3, Stop Loss @ 411.49. Details
The technical summary data is suggesting a short of ATRI if it tests 410.53 with a downside target of 403.3. We should have a stop loss in place at 411.49 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, 410.53, 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 Atrion Corporation (ATRI) available here: ATRI.
ATRI Ratings for May 09:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Strong |
Weak |
P1 |
0 |
0 |
251.59 |
P2 |
403.3 |
410.53 |
336.14 |
P3 |
422.28 |
433.26 |
421.63 |
AI Generated Signals for ATRI
Blue = Current Price
Red = Resistance
Green = Support
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Fundamental Charts for ATRI: