Cullen Frost Bankers CFR Trading Report

Source: Stock Traders Daily

Longer Term Trading Plans for CFR
  • NONE. Details
  • There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
    This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

  • Short CFR under 131.09, target n/a, stop loss @ 131.47 Details
  • The technical summary data is suggesting a short of CFR as it gets near 131.09, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 131.47. 131.09 is the first level of resistance above 125.83, and by rule, any test of resistance is a short signal. In this case, if resistance 131.09 is being tested, so a short signal would exist.

Swing Trading Plans for CFR
  • Buy CFR over 128.03, target 131.09, Stop Loss @ 127.66 Details
  • If 128.03 begins to break higher, the technical summary data tells us to buy CFR just over 128.03, with an upside target of 131.09. The data also tells us to set a stop loss @ 127.66 in case the stock turns against the trade. 128.03 is the first level of resistance above 125.83, and by rule, any break above resistance is a buy signal. In this case, 128.03, 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 CFR near 128.03, target 121.74, Stop Loss @ 128.4. Details
  • The technical summary data is suggesting a short of CFR if it tests 128.03 with a downside target of 121.74. We should have a stop loss in place at 128.4 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, 128.03, 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 CFR
  • Buy CFR over 128.03, target 128.36, Stop Loss @ 127.73 Details
  • If 128.03 begins to break higher, the technical summary data tells us to buy CFR just over 128.03, with an upside target of 128.36. The data also tells us to set a stop loss @ 127.73 in case the stock turns against the trade. 128.03 is the first level of resistance above 125.83, and by rule, any break above resistance is a buy signal. In this case, 128.03, 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 CFR near 128.03, target 125.68, Stop Loss @ 128.33. Details
  • The technical summary data is suggesting a short of CFR if it tests 128.03 with a downside target of 125.68. We should have a stop loss in place at 128.33 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, 128.03, 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.

CFR Ratings for June 03:

Term →Near Mid Long
Rating Neutral Weak Strong
P1 0 0 131.09
P2 125.68 121.74 141.61
P3 128.36 128.03 152.21

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CFR Long Term Analysis for June 3 2022


CFR Swing Trading Analysis for June 3 2022


CFR Day Trading Analysis for June 3 2022

Trading or Investing in Cullen Frost Bankers (NYSE: CFR) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

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

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CFR 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.

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