Sometimes Stocks Move Fast, and Spdr Barclays Capital Converti #CWB is no Exception


Whether a #stock moves fast or slow, one thing is always true.  The forces of #supplyanddemand determine the #price of Spdr Barclays Capital Converti (NYSE: CWB) and every other stock on the market.  The price someone is willing to pay for CWB directly impacts its price, but that is offset by what others are willing to sell it for too.  The good news is, we can see where these decisions are being made more aggressively, and we can use that information to our advantage.  This is what we have done in the example below.  Our data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports

Source: Stock Traders Daily

Review the CWB Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Neutral Strong Strong
P1 0 0 86.37
P2 84.54 85.30 91.36
P3 85.04 87.35 96.37

Long Term Trading Plans for CWB

May 4, 2021, 5:30 am ET

The Technical Summary and Trading Plans for CWB help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CWB Report.

CWB - (Long) Support Plan

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.

CWB - (Short) Resistance Plan

The technical summary data is suggesting a short of CWB as it gets near 86.37, 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 86.62. 86.37 is the first level of resistance above 84.86, and by rule, any test of resistance is a short signal. In this case, if resistance 86.37 is being tested, so a short signal would exist.


CWB Long Term Analysis for May 4 2021

Swing Trading Plans for CWB

May 4, 2021, 5:30 am ET

The Technical Summary and Trading Plans for CWB help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CWB Report.

CWB - (Long) Support Plan

If 85.30 begins to break higher, the technical summary data tells us to buy CWB just over 85.30, with an upside target of 86.37. The data also tells us to set a stop loss @ 85.05 in case the stock turns against the trade. 85.30 is the first level of resistance above 84.86, and by rule, any break above resistance is a buy signal. In this case, 85.30, 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.

CWB - (Short) Resistance Plan

The technical summary data is suggesting a short of CWB if it tests 85.30 with a downside target of n/a. We should have a stop loss in place at 85.55 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, 85.30, 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.


CWB Swing Trading Analysis for May 4 2021

Day Trading Plans for CWB

May 4, 2021, 5:30 am ET

The Technical Summary and Trading Plans for CWB help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CWB Report.

CWB - (Long) Support Plan

If 85.04 begins to break higher, the technical summary data tells us to buy CWB just over 85.04, with an upside target of 85.30. The data also tells us to set a stop loss @ 84.84 in case the stock turns against the trade. 85.04 is the first level of resistance above 84.86, and by rule, any break above resistance is a buy signal. In this case, 85.04, 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.

CWB - (Short) Resistance Plan

The technical summary data is suggesting a short of CWB if it tests 85.04 with a downside target of 84.54. We should have a stop loss in place at 85.24 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, 85.04, 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.


CWB Day Trading Analysis for May 4 2021


CWB Dividend Chart for May 4 2021

CWB PE chart for May 4 2021

CWB PEG chart for May 4 2021