(KAI) Trading Signals

Longer Term Trading Plans for KAI

• 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 KAI slightly under 308.69, target n/a, stop loss @ 309.58 Details

The technical summary data is suggesting a short of KAI as it gets near 308.69, 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 309.58. 308.69 is the first level of resistance above 306.18, and by rule, any test of resistance is a short signal. In this case, if resistance 308.69 is being tested, so a short signal would exist.

Swing Trading Plans for KAI

• Buy KAI slightly over 308.69, target 310.23, Stop Loss @ 307.8 Details

If 308.69 begins to break higher, the technical summary data tells us to buy KAI just slightly over 308.69, with an upside target of 310.23. The data also tells us to set a stop loss @ 307.8 in case the stock turns against the trade. 308.69 is the first level of resistance above 306.18, and by rule, any break above resistance is a buy signal. In this case, 308.69, 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 KAI slightly near 308.69, target n/a, Stop Loss @ 309.58. Details

The technical summary data is suggesting a short of KAI if it tests 308.69 with a downside target of n/a. We should have a stop loss in place at 309.58 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, 308.69, 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 KAI

• Buy KAI slightly over 307.08, target 308.69, Stop Loss @ 306.36 Details

If 307.08 begins to break higher, the technical summary data tells us to buy KAI just slightly over 307.08, with an upside target of 308.69. The data also tells us to set a stop loss @ 306.36 in case the stock turns against the trade. 307.08 is the first level of resistance above 306.18, and by rule, any break above resistance is a buy signal. In this case, 307.08, 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 KAI slightly near 307.08, target 302.7, Stop Loss @ 307.8. Details

The technical summary data is suggesting a short of KAI if it tests 307.08 with a downside target of 302.7. We should have a stop loss in place at 307.8 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, 307.08, 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 Kadant Inc (KAI) available here: KAI.

KAI Ratings for May 23:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	308.69
P2	302.7	310.23	356.98
P3	307.08	332.19	408.22

AI Generated Signals for KAI

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