(RMR) Investment Analysis and Advice

December 16, 2024, 20:46 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for RMR

• Buy RMR near 21.54 target 23.27 stop loss @ 21.48 Details

The technical summary data tells us to buy RMR near 21.54 with an upside target of 23.27. This data also tells us to set a stop loss @ 21.48 to protect against excessive loss in case the stock begins to move against the trade. 21.54 is the first level of support below 21.55 , and by rule, any test of support is a buy signal. In this case, support 21.54 would be being tested, so a buy signal would exist.

• Short RMR slightly under 23.27, target 21.54, stop loss @ 23.34 Details

The technical summary data is suggesting a short of RMR as it gets near 23.27 with a downside target of 21.54. We should have a stop loss in place at 23.34though. 23.27 is the first level of resistance above 21.55, and by rule, any test of resistance is a short signal. In this case, if resistance 23.27 is being tested, so a short signal would exist.

Swing Trading Plans for RMR

• Buy RMR slightly over 21.66, target 22.18, Stop Loss @ 21.6 Details

If 21.66 begins to break higher, the technical summary data tells us to buy RMR just slightly over 21.66, with an upside target of 22.18. The data also tells us to set a stop loss @ 21.6 in case the stock turns against the trade. 21.66 is the first level of resistance above 21.55, and by rule, any break above resistance is a buy signal. In this case, 21.66, 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 RMR slightly near 21.66, target n/a, Stop Loss @ 21.72. Details

The technical summary data is suggesting a short of RMR if it tests 21.66 with a downside target of n/a. We should have a stop loss in place at 21.72 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, 21.66, 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 RMR

• Buy RMR slightly over 21.82, target 22.18, Stop Loss @ 21.77 Details

If 21.82 begins to break higher, the technical summary data tells us to buy RMR just slightly over 21.82, with an upside target of 22.18. The data also tells us to set a stop loss @ 21.77 in case the stock turns against the trade. 21.82 is the first level of resistance above 21.55, and by rule, any break above resistance is a buy signal. In this case, 21.82, 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 RMR slightly near 21.82, target n/a, Stop Loss @ 21.87. Details

The technical summary data is suggesting a short of RMR if it tests 21.82 with a downside target of n/a. We should have a stop loss in place at 21.87 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, 21.82, 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 The Rmr Group Inc. (RMR) available here: RMR.

RMR Ratings for December 16:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	21.54
P2	21.54	21.66	23.27
P3	21.82	22.18	25.07

AI Generated Signals for RMR

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Prudent Investment Analysis requires observations of the support and resistance levels for The Rmr Group Inc. (NYSE: RMR) too.  These define prudent trading plans.

Warning:

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