July 19, 2024, 09:50 am ET, BY Neal - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for STZ
- Buy STZ slightly over 238.19 target 254.54 stop loss @ 237.5 Details
The technical summary data tells us to buy STZ near 238.19 with an upside target of 254.54. This data also tells us to set a stop loss @ 237.5 to protect against excessive loss in case the stock begins to move against the trade. 238.19 is the first level of support below 247.295 , and by rule, any test of support is a buy signal. In this case, support 238.19 would be being tested, so a buy signal would exist.
- Short STZ slightly under 254.54, target 238.19, stop loss @ 255.28 Details
The technical summary data is suggesting a short of STZ as it gets near 254.54 with a downside target of 238.19. We should have a stop loss in place at 255.28though. 254.54 is the first level of resistance above 247.295, and by rule, any test of resistance is a short signal. In this case, if resistance 254.54 is being tested, so a short signal would exist.
Swing Trading Plans for STZ
- Buy STZ slightly over 254.54, target 255.26, Stop Loss @ 253.8 Details
If 254.54 begins to break higher, the technical summary data tells us to buy STZ just slightly over 254.54, with an upside target of 255.26. The data also tells us to set a stop loss @ 253.8 in case the stock turns against the trade. 254.54 is the first level of resistance above 247.295, and by rule, any break above resistance is a buy signal. In this case, 254.54, 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 STZ slightly near 254.54, target 246.65, Stop Loss @ 255.28. Details
The technical summary data is suggesting a short of STZ if it tests 254.54 with a downside target of 246.65. We should have a stop loss in place at 255.28 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, 254.54, 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 STZ
- Buy STZ slightly over 248.36, target 254.54, Stop Loss @ 247.78 Details
If 248.36 begins to break higher, the technical summary data tells us to buy STZ just slightly over 248.36, with an upside target of 254.54. The data also tells us to set a stop loss @ 247.78 in case the stock turns against the trade. 248.36 is the first level of resistance above 247.295, and by rule, any break above resistance is a buy signal. In this case, 248.36, 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 STZ slightly near 248.36, target 246.65, Stop Loss @ 248.94. Details
The technical summary data is suggesting a short of STZ if it tests 248.36 with a downside target of 246.65. We should have a stop loss in place at 248.94 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, 248.36, 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 Constellation Brands Inc. (STZ) available here: STZ.
STZ Ratings for July 19:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Neutral |
P1 |
0 |
0 |
238.19 |
P2 |
241.64 |
246.65 |
254.54 |
P3 |
248.36 |
255.26 |
270.21 |
AI Generated Signals for STZ
Blue = Current Price
Red = Resistance
Green = Support
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Fundamental Charts for STZ: