(CMS) Technical Pivots with Risk Controls

October 29, 2024, 19:58 pm ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CMS

• Buy CMS near 68.69 target 71.84 stop loss @ 68.49 Details

The technical summary data tells us to buy CMS near 68.69 with an upside target of 71.84. This data also tells us to set a stop loss @ 68.49 to protect against excessive loss in case the stock begins to move against the trade. 68.69 is the first level of support below 69.52 , and by rule, any test of support is a buy signal. In this case, support 68.69 is being tested, a buy signal would exist.

• Short CMS slightly under 71.84, target 68.69, stop loss @ 72.05 Details

The technical summary data is suggesting a short of CMS as it gets near 71.84 with a downside target of 68.69. We should have a stop loss in place at 72.05though. 71.84 is the first level of resistance above 69.52, and by rule, any test of resistance is a short signal. In this case, if resistance 71.84 is being tested, a short signal would exist.

Swing Trading Plans for CMS

• Buy CMS slightly over 70.58, target 72.01, Stop Loss @ 70.38 Details

If 70.58 begins to break higher, the technical summary data tells us to buy CMS just slightly over 70.58, with an upside target of 72.01. The data also tells us to set a stop loss @ 70.38 in case the stock turns against the trade. 70.58 is the first level of resistance above 69.52, and by rule, any break above resistance is a buy signal. In this case, 70.58, 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 CMS slightly near 70.58, target 68.69, Stop Loss @ 70.78. Details

The technical summary data is suggesting a short of CMS if it tests 70.58 with a downside target of 68.69. We should have a stop loss in place at 70.78 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, 70.58, 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 CMS

• Buy CMS slightly over 69.8, target 70.62, Stop Loss @ 69.64 Details

If 69.8 begins to break higher, the technical summary data tells us to buy CMS just slightly over 69.8, with an upside target of 70.62. The data also tells us to set a stop loss @ 69.64 in case the stock turns against the trade. 69.8 is the first level of resistance above 69.52, and by rule, any break above resistance is a buy signal. In this case, 69.8, 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 CMS slightly near 69.8, target 68.69, Stop Loss @ 69.96. Details

The technical summary data is suggesting a short of CMS if it tests 69.8 with a downside target of 68.69. We should have a stop loss in place at 69.96 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, 69.8, 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 Cms Energy Corporation (CMS) available here: CMS.

CMS Ratings for October 29:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	65.41
P2	69.8	70.58	68.69
P3	70.62	72.01	71.84

AI Generated Signals for CMS

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The technical pivots for Cms Energy Corporation (NYSE: CMS) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CMS change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CMS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CMS too.  All of these are offered below the Summary Table.