When the Price of Northrop Grumman $NOC Talks, People Listen

September 19, 2023, 17:30 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NOC

• Buy NOC slightly over 427.62 target 453.89 stop loss @ 426.39 Details

The technical summary data tells us to buy NOC near 427.62 with an upside target of 453.89. This data also tells us to set a stop loss @ 426.39 to protect against excessive loss in case the stock begins to move against the trade. 427.62 is the first level of support below 435.35 , and by rule, any test of support is a buy signal. In this case, support 427.62 is being tested, a buy signal would exist.

• Short NOC slightly under 453.89, target 427.62, stop loss @ 455.2 Details

The technical summary data is suggesting a short of NOC as it gets near 453.89 with a downside target of 427.62. We should have a stop loss in place at 455.2though. 453.89 is the first level of resistance above 435.35, and by rule, any test of resistance is a short signal. In this case, if resistance 453.89 is being tested, a short signal would exist.

Swing Trading Plans for NOC

• Buy NOC slightly over 438.86, target 453.89, Stop Loss @ 437.59 Details

If 438.86 begins to break higher, the technical summary data tells us to buy NOC just slightly over 438.86, with an upside target of 453.89. The data also tells us to set a stop loss @ 437.59 in case the stock turns against the trade. 438.86 is the first level of resistance above 435.35, and by rule, any break above resistance is a buy signal. In this case, 438.86, 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 NOC slightly near 438.86, target 427.62, Stop Loss @ 440.13. Details

The technical summary data is suggesting a short of NOC if it tests 438.86 with a downside target of 427.62. We should have a stop loss in place at 440.13 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, 438.86, 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 NOC

• Buy NOC slightly over 438.86, target 439.36, Stop Loss @ 437.84 Details

If 438.86 begins to break higher, the technical summary data tells us to buy NOC just slightly over 438.86, with an upside target of 439.36. The data also tells us to set a stop loss @ 437.84 in case the stock turns against the trade. 438.86 is the first level of resistance above 435.35, and by rule, any break above resistance is a buy signal. In this case, 438.86, 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 NOC slightly near 438.86, target 427.62, Stop Loss @ 439.88. Details

The technical summary data is suggesting a short of NOC if it tests 438.86 with a downside target of 427.62. We should have a stop loss in place at 439.88 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, 438.86, 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 Northrop Grumman (NOC) available here: NOC.

NOC Ratings for September 19:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	400.40
P2	439.36	426.05	427.62
P3	444.01	438.86	453.89

AI Generated Signals for NOC

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Northrop Grumman (NYSE: NOC) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for NOC can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.