Learn to Evaluate (NFRA) using the Charts
May 22, 2024, 21:32 pm ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NFRA
- Buy NFRA slightly over 53.66 target 55.66 stop loss @ 53.51 Details
The technical summary data tells us to buy NFRA near 53.66 with an upside target of 55.66. This data also tells us to set a stop loss @ 53.51 to protect against excessive loss in case the stock begins to move against the trade. 53.66 is the first level of support below 54.36 , and by rule, any test of support is a buy signal. In this case, support 53.66 is being tested, a buy signal would exist.
- Short NFRA slightly under 55.66, target 53.66, stop loss @ 55.82 Details
The technical summary data is suggesting a short of NFRA as it gets near 55.66 with a downside target of 53.66. We should have a stop loss in place at 55.82though. 55.66 is the first level of resistance above 54.36, and by rule, any test of resistance is a short signal. In this case, if resistance 55.66 is being tested, a short signal would exist.
Swing Trading Plans for NFRA
- Buy NFRA slightly over 54.72, target 55.34, Stop Loss @ 54.56 Details
If 54.72 begins to break higher, the technical summary data tells us to buy NFRA just slightly over 54.72, with an upside target of 55.34. The data also tells us to set a stop loss @ 54.56 in case the stock turns against the trade. 54.72 is the first level of resistance above 54.36, and by rule, any break above resistance is a buy signal. In this case, 54.72, 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 NFRA slightly near 54.72, target 53.66, Stop Loss @ 54.88. Details
The technical summary data is suggesting a short of NFRA if it tests 54.72 with a downside target of 53.66. We should have a stop loss in place at 54.88 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, 54.72, 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 NFRA
- Buy NFRA slightly over 54.72, target 55.34, Stop Loss @ 54.59 Details
If 54.72 begins to break higher, the technical summary data tells us to buy NFRA just slightly over 54.72, with an upside target of 55.34. The data also tells us to set a stop loss @ 54.59 in case the stock turns against the trade. 54.72 is the first level of resistance above 54.36, and by rule, any break above resistance is a buy signal. In this case, 54.72, 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 NFRA slightly near 54.72, target 53.66, Stop Loss @ 54.85. Details
The technical summary data is suggesting a short of NFRA if it tests 54.72 with a downside target of 53.66. We should have a stop loss in place at 54.85 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, 54.72, 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 Flexshares Stoxx Global Broad Infrastructure Index Fund (NFRA) available here: NFRA.
NFRA Ratings for May 22:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
51.48 |
| P2 |
54.58 |
54.72 |
53.66 |
| P3 |
0 |
55.34 |
55.66 |
AI Generated Signals for NFRA
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Flexshares Stoxx Global Broad Infrastructure Index Fund (NASDAQ: NFRA) report below can help you understand how to do this. The trading plans for NFRA, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NFRA:
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