How To Trade (PYZ)

December 05, 2024, 22:44 pm ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PYZ

• Buy PYZ near 95.66 target 99.9 stop loss @ 95.38 Details

The technical summary data tells us to buy PYZ near 95.66 with an upside target of 99.9. This data also tells us to set a stop loss @ 95.38 to protect against excessive loss in case the stock begins to move against the trade. 95.66 is the first level of support below 97.01 , and by rule, any test of support is a buy signal. In this case, support 95.66 is being tested, a buy signal would exist.

• Short PYZ slightly under 99.9, target 95.66, stop loss @ 100.19 Details

The technical summary data is suggesting a short of PYZ as it gets near 99.9 with a downside target of 95.66. We should have a stop loss in place at 100.19though. 99.9 is the first level of resistance above 97.01, and by rule, any test of resistance is a short signal. In this case, if resistance 99.9 is being tested, a short signal would exist.

Swing Trading Plans for PYZ

• Buy PYZ slightly over 98.49, target 99.9, Stop Loss @ 98.21 Details

If 98.49 begins to break higher, the technical summary data tells us to buy PYZ just slightly over 98.49, with an upside target of 99.9. The data also tells us to set a stop loss @ 98.21 in case the stock turns against the trade. 98.49 is the first level of resistance above 97.01, and by rule, any break above resistance is a buy signal. In this case, 98.49, 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 PYZ slightly near 98.49, target 95.66, Stop Loss @ 98.77. Details

The technical summary data is suggesting a short of PYZ if it tests 98.49 with a downside target of 95.66. We should have a stop loss in place at 98.77 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, 98.49, 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 PYZ

• Buy PYZ slightly over 97.38, target 98.59, Stop Loss @ 97.15 Details

If 97.38 begins to break higher, the technical summary data tells us to buy PYZ just slightly over 97.38, with an upside target of 98.59. The data also tells us to set a stop loss @ 97.15 in case the stock turns against the trade. 97.38 is the first level of resistance above 97.01, and by rule, any break above resistance is a buy signal. In this case, 97.38, 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 PYZ slightly near 97.38, target 95.66, Stop Loss @ 97.61. Details

The technical summary data is suggesting a short of PYZ if it tests 97.38 with a downside target of 95.66. We should have a stop loss in place at 97.61 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, 97.38, 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 Invesco Dwa Basic Materials Momentum Etf (PYZ) available here: PYZ.

PYZ Ratings for December 05:

Term →	Near	Mid	Long
Rating	Weak	Strong	Strong
P1	0	0	91.12
P2	97.38	98.49	95.66
P3	98.59	100.66	99.9

AI Generated Signals for PYZ

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This report provides trading strategies for Invesco Dwa Basic Materials Momentum Etf (NYSE: PYZ) while incorporating 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 PYZ 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 PYZ 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 PYZ too.  All of these are offered below the Summary Table.