(SPXN) On The My Stocks Page

November 25, 2024, 22:12 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SPXN

• Buy SPXN near 63.37 target 65.13 stop loss @ 63.19 Details

The technical summary data tells us to buy SPXN near 63.37 with an upside target of 65.13. This data also tells us to set a stop loss @ 63.19 to protect against excessive loss in case the stock begins to move against the trade. 63.37 is the first level of support below 63.7418 , and by rule, any test of support is a buy signal. In this case, support 63.37 is being tested, a buy signal would exist.

• Short SPXN slightly under 65.13, target 63.37, stop loss @ 65.32 Details

The technical summary data is suggesting a short of SPXN as it gets near 65.13 with a downside target of 63.37. We should have a stop loss in place at 65.32though. 65.13 is the first level of resistance above 63.7418, and by rule, any test of resistance is a short signal. In this case, if resistance 65.13 is being tested, a short signal would exist.

Swing Trading Plans for SPXN

• Buy SPXN slightly over 65.13, target n/a, Stop Loss @ 64.94 Details

If 65.13 begins to break higher, the technical summary data tells us to buy SPXN just slightly over 65.13, with an upside target of n/a. The data also tells us to set a stop loss @ 64.94 in case the stock turns against the trade. 65.13 is the first level of resistance above 63.7418, and by rule, any break above resistance is a buy signal. In this case, 65.13, 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 SPXN slightly near 65.13, target 63.37, Stop Loss @ 65.32. Details

The technical summary data is suggesting a short of SPXN if it tests 65.13 with a downside target of 63.37. We should have a stop loss in place at 65.32 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, 65.13, 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 SPXN

• Buy SPXN slightly over 63.77, target 65.13, Stop Loss @ 63.62 Details

If 63.77 begins to break higher, the technical summary data tells us to buy SPXN just slightly over 63.77, with an upside target of 65.13. The data also tells us to set a stop loss @ 63.62 in case the stock turns against the trade. 63.77 is the first level of resistance above 63.7418, and by rule, any break above resistance is a buy signal. In this case, 63.77, 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 SPXN slightly near 63.77, target 63.4, Stop Loss @ 63.92. Details

The technical summary data is suggesting a short of SPXN if it tests 63.77 with a downside target of 63.4. We should have a stop loss in place at 63.92 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, 63.77, 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 Proshares S&p 500 Ex-financials Etf (SPXN) available here: SPXN.

SPXN Ratings for November 25:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	61.35
P2	63.4	62.32	63.37
P3	63.77	63.26	65.13

AI Generated Signals for SPXN

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Trading or Investing in Proshares S&p 500 Ex-financials Etf (NASDAQ: SPXN) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for SPXN 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 SPXN 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 SPXN too.  All of these are offered below the Summary Table.