How the (IYR) price action is used to our Advantage
October 11, 2024, 22:40 pm ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for IYR
- Buy IYR near 96.66 target 101.92 stop loss @ 96.38 Details
The technical summary data tells us to buy IYR near 96.66 with an upside target of 101.92. This data also tells us to set a stop loss @ 96.38 to protect against excessive loss in case the stock begins to move against the trade. 96.66 is the first level of support below 99.11 , and by rule, any test of support is a buy signal. In this case, support 96.66 is being tested, a buy signal would exist.
- Short IYR slightly under 101.92, target 96.66, stop loss @ 102.21 Details
The technical summary data is suggesting a short of IYR as it gets near 101.92 with a downside target of 96.66. We should have a stop loss in place at 102.21though. 101.92 is the first level of resistance above 99.11, and by rule, any test of resistance is a short signal. In this case, if resistance 101.92 is being tested, a short signal would exist.
Swing Trading Plans for IYR
- Buy IYR slightly over 101.92, target n/a, Stop Loss @ 101.63 Details
If 101.92 begins to break higher, the technical summary data tells us to buy IYR just slightly over 101.92, with an upside target of n/a. The data also tells us to set a stop loss @ 101.63 in case the stock turns against the trade. 101.92 is the first level of resistance above 99.11, and by rule, any break above resistance is a buy signal. In this case, 101.92, 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 IYR slightly near 101.92, target 98.35, Stop Loss @ 102.21. Details
The technical summary data is suggesting a short of IYR if it tests 101.92 with a downside target of 98.35. We should have a stop loss in place at 102.21 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, 101.92, 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 IYR
- Buy IYR slightly over 101.92, target n/a, Stop Loss @ 101.68 Details
If 101.92 begins to break higher, the technical summary data tells us to buy IYR just slightly over 101.92, with an upside target of n/a. The data also tells us to set a stop loss @ 101.68 in case the stock turns against the trade. 101.92 is the first level of resistance above 99.11, and by rule, any break above resistance is a buy signal. In this case, 101.92, 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 IYR slightly near 101.92, target 98.4, Stop Loss @ 102.16. Details
The technical summary data is suggesting a short of IYR if it tests 101.92 with a downside target of 98.4. We should have a stop loss in place at 102.16 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, 101.92, 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 Ishares U.s. Real Estate Etf (IYR) available here: IYR.
IYR Ratings for October 11:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Strong |
| P1 |
0 |
0 |
91.28 |
| P2 |
97.83 |
97.25 |
96.66 |
| P3 |
98.4 |
98.35 |
101.92 |
AI Generated Signals for IYR
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Ishares U.s. Real Estate Etf (NYSE: IYR) data table below can help you with price action, and we have more details too. Trading plans for IYR are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for IYR:
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