February 12, 2025, 07:48 am ET, BY Randall S. - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ^RUT
- Buy ^RUT near 2221.26 target 2332.37 stop loss @ 2214.85 Details
The technical summary data tells us to buy ^RUT near 2221.26 with an upside target of 2332.37. This data also tells us to set a stop loss @ 2214.85 to protect against excessive loss in case the stock begins to move against the trade. 2221.26 is the first level of support below 2275.7 , and by rule, any test of support is a buy signal. In this case, support 2221.26 would be being tested, so a buy signal would exist.
- Short ^RUT slightly under 2332.37, target 2221.26, stop loss @ 2339.11 Details
The technical summary data is suggesting a short of ^RUT as it gets near 2332.37 with a downside target of 2221.26. We should have a stop loss in place at 2339.11though. 2332.37 is the first level of resistance above 2275.7, and by rule, any test of resistance is a short signal. In this case, if resistance 2332.37 is being tested, so a short signal would exist.
Swing Trading Plans for ^RUT
- Buy ^RUT slightly over 2307.59, target 2332.37, Stop Loss @ 2300.93 Details
If 2307.59 begins to break higher, the technical summary data tells us to buy ^RUT just slightly over 2307.59, with an upside target of 2332.37. The data also tells us to set a stop loss @ 2300.93 in case the stock turns against the trade. 2307.59 is the first level of resistance above 2275.7, and by rule, any break above resistance is a buy signal. In this case, 2307.59, 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 ^RUT slightly near 2307.59, target 2269.46, Stop Loss @ 2314.25. Details
The technical summary data is suggesting a short of ^RUT if it tests 2307.59 with a downside target of 2269.46. We should have a stop loss in place at 2314.25 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, 2307.59, 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 ^RUT
- Buy ^RUT slightly over 2280.73, target 2307.59, Stop Loss @ 2275.41 Details
If 2280.73 begins to break higher, the technical summary data tells us to buy ^RUT just slightly over 2280.73, with an upside target of 2307.59. The data also tells us to set a stop loss @ 2275.41 in case the stock turns against the trade. 2280.73 is the first level of resistance above 2275.7, and by rule, any break above resistance is a buy signal. In this case, 2280.73, 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 ^RUT slightly near 2280.73, target 2269.46, Stop Loss @ 2286.05. Details
The technical summary data is suggesting a short of ^RUT if it tests 2280.73 with a downside target of 2269.46. We should have a stop loss in place at 2286.05 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, 2280.73, 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 Russell 2000 (^RUT) available here: ^RUT.
^RUT Ratings for February 12:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
2221.26 |
P2 |
2263.51 |
2269.46 |
2332.37 |
P3 |
2280.73 |
2307.59 |
2448.34 |
AI Generated Signals for ^RUT
Blue = Current Price
Red = Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
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
Our Market Crash Leading Indicator is Evitar 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
Fundamental Charts for ^RUT: