When (NFRA) Moves Investors should Listen
November 03, 2024, 04:44 am ET, BY Thomas Y.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NFRA
- Buy NFRA near 55.98 target 57.82 stop loss @ 55.82 Details
The technical summary data tells us to buy NFRA near 55.98 with an upside target of 57.82. This data also tells us to set a stop loss @ 55.82 to protect against excessive loss in case the stock begins to move against the trade. 55.98 is the first level of support below 57.42 , and by rule, any test of support is a buy signal. In this case, support 55.98 would be being tested, so a buy signal would exist.
- Short NFRA slightly under 57.82, target 55.98, stop loss @ 57.99 Details
The technical summary data is suggesting a short of NFRA as it gets near 57.82 with a downside target of 55.98. We should have a stop loss in place at 57.99though. 57.82 is the first level of resistance above 57.42, and by rule, any test of resistance is a short signal. In this case, if resistance 57.82 is being tested, so a short signal would exist.
Swing Trading Plans for NFRA
- Buy NFRA slightly over 57.82, target 59.55, Stop Loss @ 57.65 Details
If 57.82 begins to break higher, the technical summary data tells us to buy NFRA just slightly over 57.82, with an upside target of 59.55. The data also tells us to set a stop loss @ 57.65 in case the stock turns against the trade. 57.82 is the first level of resistance above 57.42, and by rule, any break above resistance is a buy signal. In this case, 57.82, 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 NFRA slightly near 57.82, target 57.28, Stop Loss @ 57.99. Details
The technical summary data is suggesting a short of NFRA if it tests 57.82 with a downside target of 57.28. We should have a stop loss in place at 57.99 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, 57.82, 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.
Day Trading Plans for NFRA
- Buy NFRA slightly over 57.44, target 57.82, Stop Loss @ 57.31 Details
If 57.44 begins to break higher, the technical summary data tells us to buy NFRA just slightly over 57.44, with an upside target of 57.82. The data also tells us to set a stop loss @ 57.31 in case the stock turns against the trade. 57.44 is the first level of resistance above 57.42, and by rule, any break above resistance is a buy signal. In this case, 57.44, 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 57.44, target 55.98, Stop Loss @ 57.57. Details
The technical summary data is suggesting a short of NFRA if it tests 57.44 with a downside target of 55.98. We should have a stop loss in place at 57.57 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, 57.44, 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 November 03:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
55.98 |
P2 |
57.44 |
57.28 |
57.82 |
P3 |
57.68 |
57.74 |
59.55 |
AI Generated Signals for NFRA
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Flexshares Stoxx Global Broad Infrastructure Index Fund (NASDAQ: NFRA) report below is a real world example. Included are trading plans for NFRA, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NFRA: