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Long Term Trading Analysis for (POWI)

Longer Term Trading Plans for POWI
  • Buy POWI slightly over 65.16 target 73.41 stop loss @ 64.97 Details
  • The technical summary data tells us to buy POWI near 65.16 with an upside target of 73.41. This data also tells us to set a stop loss @ 64.97 to protect against excessive loss in case the stock begins to move against the trade. 65.16 is the first level of support below 69.52 , and by rule, any test of support is a buy signal. In this case, support 65.16 would be being tested, so a buy signal would exist.

  • Short POWI slightly under 73.41, target 65.16, stop loss @ 73.62 Details
  • The technical summary data is suggesting a short of POWI as it gets near 73.41 with a downside target of 65.16. We should have a stop loss in place at 73.62though. 73.41 is the first level of resistance above 69.52, and by rule, any test of resistance is a short signal. In this case, if resistance 73.41 is being tested, so a short signal would exist.

Swing Trading Plans for POWI
  • Buy POWI slightly over 71.29, target 73.41, Stop Loss @ 71.08 Details
  • If 71.29 begins to break higher, the technical summary data tells us to buy POWI just slightly over 71.29, with an upside target of 73.41. The data also tells us to set a stop loss @ 71.08 in case the stock turns against the trade. 71.29 is the first level of resistance above 69.52, and by rule, any break above resistance is a buy signal. In this case, 71.29, 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 POWI slightly near 71.29, target 68.94, Stop Loss @ 71.5. Details
  • The technical summary data is suggesting a short of POWI if it tests 71.29 with a downside target of 68.94. We should have a stop loss in place at 71.5 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, 71.29, 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 POWI
  • Buy POWI slightly over 70.18, target 71.29, Stop Loss @ 70.02 Details
  • If 70.18 begins to break higher, the technical summary data tells us to buy POWI just slightly over 70.18, with an upside target of 71.29. The data also tells us to set a stop loss @ 70.02 in case the stock turns against the trade. 70.18 is the first level of resistance above 69.52, and by rule, any break above resistance is a buy signal. In this case, 70.18, 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 POWI slightly near 70.18, target 68.94, Stop Loss @ 70.34. Details
  • The technical summary data is suggesting a short of POWI if it tests 70.18 with a downside target of 68.94. We should have a stop loss in place at 70.34 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, 70.18, 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.

Real Time Updates are available on our Power Integrations Inc. (POWI) Page here: POWI.

POWI Ratings for April 04:

Term →Near Mid Long
Rating Neutral Weak Weak
P1 0 0 65.16
P2 68.24 68.94 73.41
P3 70.18 71.29 82.45
Triggers may have already come
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Support and Resistance Plot Chart for POWI

POWI Long Term Analysis for April 4 2024

Blue = Current Price
Red= Resistance
Green = Support

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Power Integrations Inc. (NASDAQ: POWI) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for POWI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if POWI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for POWI too.  All of these are offered below the Summary Table.