Learn to Evaluate (DHIL) using the Charts

December 24, 2024, 07:58 am ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DHIL

• Buy DHIL near 147.75 target 157.66 stop loss @ 147.32 Details

The technical summary data tells us to buy DHIL near 147.75 with an upside target of 157.66. This data also tells us to set a stop loss @ 147.32 to protect against excessive loss in case the stock begins to move against the trade. 147.75 is the first level of support below 150.3 , and by rule, any test of support is a buy signal. In this case, support 147.75 would be being tested, so a buy signal would exist.

• Short DHIL slightly under 157.66, target 147.75, stop loss @ 158.12 Details

The technical summary data is suggesting a short of DHIL as it gets near 157.66 with a downside target of 147.75. We should have a stop loss in place at 158.12though. 157.66 is the first level of resistance above 150.3, and by rule, any test of resistance is a short signal. In this case, if resistance 157.66 is being tested, so a short signal would exist.

Swing Trading Plans for DHIL

• Buy DHIL slightly over 152.3, target 157.66, Stop Loss @ 151.86 Details

If 152.3 begins to break higher, the technical summary data tells us to buy DHIL just slightly over 152.3, with an upside target of 157.66. The data also tells us to set a stop loss @ 151.86 in case the stock turns against the trade. 152.3 is the first level of resistance above 150.3, and by rule, any break above resistance is a buy signal. In this case, 152.3, 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 DHIL slightly near 152.3, target 148.42, Stop Loss @ 152.74. Details

The technical summary data is suggesting a short of DHIL if it tests 152.3 with a downside target of 148.42. We should have a stop loss in place at 152.74 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, 152.3, 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 DHIL

• Buy DHIL slightly over 150.81, target 152.3, Stop Loss @ 150.46 Details

If 150.81 begins to break higher, the technical summary data tells us to buy DHIL just slightly over 150.81, with an upside target of 152.3. The data also tells us to set a stop loss @ 150.46 in case the stock turns against the trade. 150.81 is the first level of resistance above 150.3, and by rule, any break above resistance is a buy signal. In this case, 150.81, 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 DHIL slightly near 150.81, target 148.42, Stop Loss @ 151.16. Details

The technical summary data is suggesting a short of DHIL if it tests 150.81 with a downside target of 148.42. We should have a stop loss in place at 151.16 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, 150.81, 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  Diamond Hill Investment Group Inc. (DHIL) available here: DHIL.

DHIL Ratings for December 24:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	147.75
P2	147.19	148.42	157.66
P3	150.81	152.3	167.98

AI Generated Signals for DHIL

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Diamond Hill Investment Group Inc. (NASDAQ: DHIL) report below can help you understand how to do this. The trading plans for DHIL, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.