(IYJ) Long Term Investment Analysis

November 16, 2024, 13:40 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for IYJ

• Buy IYJ near 134 target 139.38 stop loss @ 133.61 Details

The technical summary data tells us to buy IYJ near 134 with an upside target of 139.38. This data also tells us to set a stop loss @ 133.61 to protect against excessive loss in case the stock begins to move against the trade. 134 is the first level of support below 138.845 , and by rule, any test of support is a buy signal. In this case, support 134 is being tested, a buy signal would exist.

• Short IYJ slightly under 139.38, target 134, stop loss @ 139.78 Details

The technical summary data is suggesting a short of IYJ as it gets near 139.38 with a downside target of 134. We should have a stop loss in place at 139.78though. 139.38 is the first level of resistance above 138.845, and by rule, any test of resistance is a short signal. In this case, if resistance 139.38 is being tested, a short signal would exist.

Swing Trading Plans for IYJ

• Buy IYJ slightly over 139.38, target 141.67, Stop Loss @ 138.98 Details

If 139.38 begins to break higher, the technical summary data tells us to buy IYJ just slightly over 139.38, with an upside target of 141.67. The data also tells us to set a stop loss @ 138.98 in case the stock turns against the trade. 139.38 is the first level of resistance above 138.845, and by rule, any break above resistance is a buy signal. In this case, 139.38, 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 IYJ slightly near 139.38, target 134, Stop Loss @ 139.78. Details

The technical summary data is suggesting a short of IYJ if it tests 139.38 with a downside target of 134. We should have a stop loss in place at 139.78 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, 139.38, 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 IYJ

• Buy IYJ slightly over 139.38, target 140.16, Stop Loss @ 139.05 Details

If 139.38 begins to break higher, the technical summary data tells us to buy IYJ just slightly over 139.38, with an upside target of 140.16. The data also tells us to set a stop loss @ 139.05 in case the stock turns against the trade. 139.38 is the first level of resistance above 138.845, and by rule, any break above resistance is a buy signal. In this case, 139.38, 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 IYJ slightly near 139.38, target 134, Stop Loss @ 139.71. Details

The technical summary data is suggesting a short of IYJ if it tests 139.38 with a downside target of 134. We should have a stop loss in place at 139.71 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, 139.38, 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. Industrials Etf (IYJ) available here: IYJ.

IYJ Ratings for November 16:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	128.48
P2	140.16	141.67	134
P3	141.79	145.77	139.38

AI Generated Signals for IYJ

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Technically, Ishares U.s. Industrials Etf (NYSE: IYJ) 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 IYJ 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 IYJ 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 IYJ too.  All of these are offered below the Summary Table.