(FDS) Investment Analysis

February 28, 2024, 01:52 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FDS

• Buy FDS slightly over 452.06 target 469.64 stop loss @ 450.75 Details

The technical summary data tells us to buy FDS near 452.06 with an upside target of 469.64. This data also tells us to set a stop loss @ 450.75 to protect against excessive loss in case the stock begins to move against the trade. 452.06 is the first level of support below 461.54 , and by rule, any test of support is a buy signal. In this case, support 452.06 would be being tested, so a buy signal would exist.

• Short FDS slightly under 469.64, target 452.06, stop loss @ 471 Details

The technical summary data is suggesting a short of FDS as it gets near 469.64 with a downside target of 452.06. We should have a stop loss in place at 471though. 469.64 is the first level of resistance above 461.54, and by rule, any test of resistance is a short signal. In this case, if resistance 469.64 is being tested, so a short signal would exist.

Swing Trading Plans for FDS

• Buy FDS slightly over 469.64, target 488.1, Stop Loss @ 468.28 Details

If 469.64 begins to break higher, the technical summary data tells us to buy FDS just slightly over 469.64, with an upside target of 488.1. The data also tells us to set a stop loss @ 468.28 in case the stock turns against the trade. 469.64 is the first level of resistance above 461.54, and by rule, any break above resistance is a buy signal. In this case, 469.64, 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 FDS slightly near 469.64, target 460.83, Stop Loss @ 471. Details

The technical summary data is suggesting a short of FDS if it tests 469.64 with a downside target of 460.83. We should have a stop loss in place at 471 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, 469.64, 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 FDS

• Buy FDS slightly over 465.23, target 469.64, Stop Loss @ 464.14 Details

If 465.23 begins to break higher, the technical summary data tells us to buy FDS just slightly over 465.23, with an upside target of 469.64. The data also tells us to set a stop loss @ 464.14 in case the stock turns against the trade. 465.23 is the first level of resistance above 461.54, and by rule, any break above resistance is a buy signal. In this case, 465.23, 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 FDS slightly near 465.23, target 460.83, Stop Loss @ 466.32. Details

The technical summary data is suggesting a short of FDS if it tests 465.23 with a downside target of 460.83. We should have a stop loss in place at 466.32 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, 465.23, 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 Factset Research Systems Inc. (FDS) available here: FDS.

FDS Ratings for February 28:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	452.06
P2	460.03	450.18	469.64
P3	465.23	460.83	488.1

AI Generated Signals for FDS

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar 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

With an objective approach to Factset Research Systems Inc. (NYSE: FDS), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for FDS 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 FDS 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 FDS too.  All of these are offered below the Summary Table.