tradethepoolpool ads

Trading Vaneck Semiconductor Etf SMH With Integrated Risk Controls

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Vaneck Semiconductor Etf (NYSE: SMH) report below can help you, but we have more details too. The trading plans for SMH, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for SMH
  • Buy SMH slightly over 258.13 target 274.84 stop loss @ 257.38 Details
  • The technical summary data tells us to buy SMH near 258.13 with an upside target of 274.84. This data also tells us to set a stop loss @ 257.38 to protect against excessive loss in case the stock begins to move against the trade. 258.13 is the first level of support below 273.83 , and by rule, any test of support is a buy signal. In this case, support 258.13 would be being tested, so a buy signal would exist.

  • Short SMH under 274.84, target 258.13, stop loss @ 275.63 Details
  • The technical summary data is suggesting a short of SMH as it gets near 274.84 with a downside target of 258.13. We should have a stop loss in place at 275.63though. 274.84 is the first level of resistance above 273.83, and by rule, any test of resistance is a short signal. In this case, if resistance 274.84 is being tested, so a short signal would exist.

Swing Trading Plans for SMH
  • Buy SMH slightly over 274.84, target 292.49, Stop Loss @ 274.05 Details
  • If 274.84 begins to break higher, the technical summary data tells us to buy SMH just slightly over 274.84, with an upside target of 292.49. The data also tells us to set a stop loss @ 274.05 in case the stock turns against the trade. 274.84 is the first level of resistance above 273.83, and by rule, any break above resistance is a buy signal. In this case, 274.84, 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 SMH near 274.84, target 271.90, Stop Loss @ 275.63. Details
  • The technical summary data is suggesting a short of SMH if it tests 274.84 with a downside target of 271.90. We should have a stop loss in place at 275.63 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, 274.84, 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 SMH
  • Buy SMH slightly over 274.84, target 292.49, Stop Loss @ 274.2 Details
  • If 274.84 begins to break higher, the technical summary data tells us to buy SMH just slightly over 274.84, with an upside target of 292.49. The data also tells us to set a stop loss @ 274.2 in case the stock turns against the trade. 274.84 is the first level of resistance above 273.83, and by rule, any break above resistance is a buy signal. In this case, 274.84, 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 SMH near 274.84, target 271.90, Stop Loss @ 275.48. Details
  • The technical summary data is suggesting a short of SMH if it tests 274.84 with a downside target of 271.90. We should have a stop loss in place at 275.48 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, 274.84, 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.

SMH Ratings for September 23:

Term →Near Mid Long
Rating Weak Neutral Strong
P1 0 0 258.13
P2 260.56 264.15 274.84
P3 267.98 271.90 292.49
Triggers may have already come
Support and Resistance Plot Chart for SMH

SMH Long Term Analysis for September 23 2021

Blue = Current Price
Red= Resistance
Green = Support

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Our Market Crash Leading Indicator is Evitar 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