Learn to Evaluate (PHYL) using the Charts
June 02, 2024, 07:18 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PHYL
- Buy PHYL slightly over 33.91 target 34.59 stop loss @ 33.81 Details
The technical summary data tells us to buy PHYL near 33.91 with an upside target of 34.59. This data also tells us to set a stop loss @ 33.81 to protect against excessive loss in case the stock begins to move against the trade. 33.91 is the first level of support below 34.455 , and by rule, any test of support is a buy signal. In this case, support 33.91 would be being tested, so a buy signal would exist.
- Short PHYL slightly under 34.59, target 33.91, stop loss @ 34.69 Details
The technical summary data is suggesting a short of PHYL as it gets near 34.59 with a downside target of 33.91. We should have a stop loss in place at 34.69though. 34.59 is the first level of resistance above 34.455, and by rule, any test of resistance is a short signal. In this case, if resistance 34.59 is being tested, so a short signal would exist.
Swing Trading Plans for PHYL
- Buy PHYL slightly over 34.59, target n/a, Stop Loss @ 34.49 Details
If 34.59 begins to break higher, the technical summary data tells us to buy PHYL just slightly over 34.59, with an upside target of n/a. The data also tells us to set a stop loss @ 34.49 in case the stock turns against the trade. 34.59 is the first level of resistance above 34.455, and by rule, any break above resistance is a buy signal. In this case, 34.59, 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 PHYL slightly near 34.59, target 34.38, Stop Loss @ 34.69. Details
The technical summary data is suggesting a short of PHYL if it tests 34.59 with a downside target of 34.38. We should have a stop loss in place at 34.69 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, 34.59, 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 PHYL
- Buy PHYL slightly over 34.59, target 35.24, Stop Loss @ 34.51 Details
If 34.59 begins to break higher, the technical summary data tells us to buy PHYL just slightly over 34.59, with an upside target of 35.24. The data also tells us to set a stop loss @ 34.51 in case the stock turns against the trade. 34.59 is the first level of resistance above 34.455, and by rule, any break above resistance is a buy signal. In this case, 34.59, 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 PHYL slightly near 34.59, target 33.91, Stop Loss @ 34.67. Details
The technical summary data is suggesting a short of PHYL if it tests 34.59 with a downside target of 33.91. We should have a stop loss in place at 34.67 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, 34.59, 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 Pgim Active High Yield Bond Etf (PHYL) available here: PHYL.
PHYL Ratings for June 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
33.91 |
| P2 |
34.41 |
34.38 |
34.59 |
| P3 |
0 |
|
35.24 |
AI Generated Signals for PHYL
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Pgim Active High Yield Bond Etf (NASDAQ: PHYL) report below can help you understand how to do this. The trading plans for PHYL, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PHYL:
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