When the Price of Teledyne Technologies TDY Talks, People Listen

January 23, 2023, 10:00 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TDY

• Buy TDY slightly over 374.49 target 411.39 stop loss @ 373.41 Details

The technical summary data tells us to buy TDY near 374.49 with an upside target of 411.39. This data also tells us to set a stop loss @ 373.41 to protect against excessive loss in case the stock begins to move against the trade. 374.49 is the first level of support below 404.11 , and by rule, any test of support is a buy signal. In this case, support 374.49 is being tested, a buy signal would exist.

• Short TDY slightly under 411.39, target 374.49, stop loss @ 412.58 Details

The technical summary data is suggesting a short of TDY as it gets near 411.39 with a downside target of 374.49. We should have a stop loss in place at 412.58though. 411.39 is the first level of resistance above 404.11, and by rule, any test of resistance is a short signal. In this case, if resistance 411.39 is being tested, a short signal would exist.

Swing Trading Plans for TDY

• Buy TDY slightly over 411.39, target 416.04, Stop Loss @ 410.2 Details

If 411.39 begins to break higher, the technical summary data tells us to buy TDY just slightly over 411.39, with an upside target of 416.04. The data also tells us to set a stop loss @ 410.2 in case the stock turns against the trade. 411.39 is the first level of resistance above 404.11, and by rule, any break above resistance is a buy signal. In this case, 411.39, 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 TDY slightly near 411.39, target 403.94, Stop Loss @ 412.58. Details

The technical summary data is suggesting a short of TDY if it tests 411.39 with a downside target of 403.94. We should have a stop loss in place at 412.58 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, 411.39, 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 TDY

• Buy TDY slightly over 410.92, target 411.39, Stop Loss @ 409.96 Details

If 410.92 begins to break higher, the technical summary data tells us to buy TDY just slightly over 410.92, with an upside target of 411.39. The data also tells us to set a stop loss @ 409.96 in case the stock turns against the trade. 410.92 is the first level of resistance above 404.11, and by rule, any break above resistance is a buy signal. In this case, 410.92, 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 TDY slightly near 410.92, target 403.94, Stop Loss @ 411.88. Details

The technical summary data is suggesting a short of TDY if it tests 410.92 with a downside target of 403.94. We should have a stop loss in place at 411.88 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, 410.92, 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 Teledyne Technologies (TDY) available here: TDY.

TDY Ratings for January 23:

Term →	Near	Mid	Long
Rating	Weak	Strong	Weak
P1	0	0	337.17
P2	398.94	403.94	374.49
P3	410.92	416.04	411.39

AI Generated Signals for TDY

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

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Teledyne Technologies (NYSE: TDY) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for TDY can be used as an example, and demonstrate how to do this for other stocks too.  This 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.