(AYI) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for AYI

• Buy AYI near 247.39 target 290.37 stop loss @ 246.68 Details

The technical summary data tells us to buy AYI near 247.39 with an upside target of 290.37. This data also tells us to set a stop loss @ 246.68 to protect against excessive loss in case the stock begins to move against the trade. 247.39 is the first level of support below 261.74 , and by rule, any test of support is a buy signal. In this case, support 247.39 would be being tested, so a buy signal would exist.

• Short AYI slightly under 290.37, target 247.39, stop loss @ 291.21 Details

The technical summary data is suggesting a short of AYI as it gets near 290.37 with a downside target of 247.39. We should have a stop loss in place at 291.21though. 290.37 is the first level of resistance above 261.74, and by rule, any test of resistance is a short signal. In this case, if resistance 290.37 is being tested, so a short signal would exist.

Swing Trading Plans for AYI

• Buy AYI slightly over 262.15, target 290.37, Stop Loss @ 261.39 Details

If 262.15 begins to break higher, the technical summary data tells us to buy AYI just slightly over 262.15, with an upside target of 290.37. The data also tells us to set a stop loss @ 261.39 in case the stock turns against the trade. 262.15 is the first level of resistance above 261.74, and by rule, any break above resistance is a buy signal. In this case, 262.15, 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 AYI slightly near 262.15, target 256.35, Stop Loss @ 262.91. Details

The technical summary data is suggesting a short of AYI if it tests 262.15 with a downside target of 256.35. We should have a stop loss in place at 262.91 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, 262.15, 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 AYI

• Buy AYI slightly over 262.15, target 264.3, Stop Loss @ 261.54 Details

If 262.15 begins to break higher, the technical summary data tells us to buy AYI just slightly over 262.15, with an upside target of 264.3. The data also tells us to set a stop loss @ 261.54 in case the stock turns against the trade. 262.15 is the first level of resistance above 261.74, and by rule, any break above resistance is a buy signal. In this case, 262.15, 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 AYI slightly near 262.15, target 261.02, Stop Loss @ 262.76. Details

The technical summary data is suggesting a short of AYI if it tests 262.15 with a downside target of 261.02. We should have a stop loss in place at 262.76 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, 262.15, 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 Acuity Brands Inc. (AYI) available here: AYI.

AYI Ratings for May 30:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	247.39
P2	261.02	256.35	290.37
P3	264.3	262.15	332.81

AI Generated Signals for AYI

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