Spdr S&p Semiconductor XSD Investment Advice

Source: Stock Traders Daily

Longer Term Trading Plans for XSD
  • Buy XSD over 201.60 target 220.71 stop loss @ 201.02 Details
  • The technical summary data tells us to buy XSD near 201.60 with an upside target of 220.71. This data also tells us to set a stop loss @ 201.02 to protect against excessive loss in case the stock begins to move against the trade. 201.60 is the first level of support below 206.32 , and by rule, any test of support is a buy signal. In this case, support 201.60 is being tested, a buy signal would exist.

  • Short XSD under 220.71, target 201.60, stop loss @ 221.35 Details
  • The technical summary data is suggesting a short of XSD as it gets near 220.71 with a downside target of 201.60. We should have a stop loss in place at 221.35though. 220.71 is the first level of resistance above 206.32, and by rule, any test of resistance is a short signal. In this case, if resistance 220.71 is being tested, a short signal would exist.

Swing Trading Plans for XSD
  • Buy XSD over 210.40, target 220.71, Stop Loss @ 209.79 Details
  • If 210.40 begins to break higher, the technical summary data tells us to buy XSD just over 210.40, with an upside target of 220.71. The data also tells us to set a stop loss @ 209.79 in case the stock turns against the trade. 210.40 is the first level of resistance above 206.32, and by rule, any break above resistance is a buy signal. In this case, 210.40, 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 XSD near 210.40, target 206.01, Stop Loss @ 211.01. Details
  • The technical summary data is suggesting a short of XSD if it tests 210.40 with a downside target of 206.01. We should have a stop loss in place at 211.01 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, 210.40, 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 XSD
  • Buy XSD over 208.99, target 210.40, Stop Loss @ 208.5 Details
  • If 208.99 begins to break higher, the technical summary data tells us to buy XSD just over 208.99, with an upside target of 210.40. The data also tells us to set a stop loss @ 208.5 in case the stock turns against the trade. 208.99 is the first level of resistance above 206.32, and by rule, any break above resistance is a buy signal. In this case, 208.99, 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 XSD near 208.99, target 206.01, Stop Loss @ 209.48. Details
  • The technical summary data is suggesting a short of XSD if it tests 208.99 with a downside target of 206.01. We should have a stop loss in place at 209.48 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, 208.99, 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.

XSD Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Neutral Strong Strong
P1 0 0 183.94
P2 205.18 206.01 201.60
P3 208.99 210.40 220.71

XSD Long Term Analysis for September 15 2021


XSD Swing Trading Analysis for September 15 2021


XSD Day Trading Analysis for September 15 2021

The support and resistance levels for Spdr S&p Semiconductor (NYSE: XSD) define prudent trading and investing plans, which are revealed herein.

Warning:

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

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