(IWY) Long Term Investment Analysis

December 04, 2024, 15:00 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for IWY

• Buy IWY near 228.94 target 238.6 stop loss @ 228.28 Details

The technical summary data tells us to buy IWY near 228.94 with an upside target of 238.6. This data also tells us to set a stop loss @ 228.28 to protect against excessive loss in case the stock begins to move against the trade. 228.94 is the first level of support below 237.88 , and by rule, any test of support is a buy signal. In this case, support 228.94 is being tested, a buy signal would exist.

• Short IWY slightly under 238.6, target 228.94, stop loss @ 239.29 Details

The technical summary data is suggesting a short of IWY as it gets near 238.6 with a downside target of 228.94. We should have a stop loss in place at 239.29though. 238.6 is the first level of resistance above 237.88, and by rule, any test of resistance is a short signal. In this case, if resistance 238.6 is being tested, a short signal would exist.

Swing Trading Plans for IWY

• Buy IWY slightly over 238.6, target n/a, Stop Loss @ 237.91 Details

If 238.6 begins to break higher, the technical summary data tells us to buy IWY just slightly over 238.6, with an upside target of n/a. The data also tells us to set a stop loss @ 237.91 in case the stock turns against the trade. 238.6 is the first level of resistance above 237.88, and by rule, any break above resistance is a buy signal. In this case, 238.6, 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 IWY slightly near 238.6, target 234.18, Stop Loss @ 239.29. Details

The technical summary data is suggesting a short of IWY if it tests 238.6 with a downside target of 234.18. We should have a stop loss in place at 239.29 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, 238.6, 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 IWY

• Buy IWY slightly over 238.6, target n/a, Stop Loss @ 238.04 Details

If 238.6 begins to break higher, the technical summary data tells us to buy IWY just slightly over 238.6, with an upside target of n/a. The data also tells us to set a stop loss @ 238.04 in case the stock turns against the trade. 238.6 is the first level of resistance above 237.88, and by rule, any break above resistance is a buy signal. In this case, 238.6, 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 IWY slightly near 238.6, target 235.5, Stop Loss @ 239.16. Details

The technical summary data is suggesting a short of IWY if it tests 238.6 with a downside target of 235.5. We should have a stop loss in place at 239.16 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, 238.6, 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 Russell Top 200 Growth Etf (IWY) available here: IWY.

IWY Ratings for December 04:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	218.43
P2	233.18	230.87	228.94
P3	235.5	234.18	238.6

AI Generated Signals for IWY

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Technically, Ishares Russell Top 200 Growth Etf (NYSE: IWY) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

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