When (SXI) Moves Investors should Listen
May 04, 2024, 15:12 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SXI
- Buy SXI slightly over 167.23 target 181.71 stop loss @ 166.75 Details
The technical summary data tells us to buy SXI near 167.23 with an upside target of 181.71. This data also tells us to set a stop loss @ 166.75 to protect against excessive loss in case the stock begins to move against the trade. 167.23 is the first level of support below 174.96 , and by rule, any test of support is a buy signal. In this case, support 167.23 is being tested, a buy signal would exist.
- Short SXI slightly under 181.71, target 167.23, stop loss @ 182.23 Details
The technical summary data is suggesting a short of SXI as it gets near 181.71 with a downside target of 167.23. We should have a stop loss in place at 182.23though. 181.71 is the first level of resistance above 174.96, and by rule, any test of resistance is a short signal. In this case, if resistance 181.71 is being tested, a short signal would exist.
Swing Trading Plans for SXI
- Buy SXI slightly over 176.83, target 181.71, Stop Loss @ 176.32 Details
If 176.83 begins to break higher, the technical summary data tells us to buy SXI just slightly over 176.83, with an upside target of 181.71. The data also tells us to set a stop loss @ 176.32 in case the stock turns against the trade. 176.83 is the first level of resistance above 174.96, and by rule, any break above resistance is a buy signal. In this case, 176.83, 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 SXI slightly near 176.83, target 172.24, Stop Loss @ 177.34. Details
The technical summary data is suggesting a short of SXI if it tests 176.83 with a downside target of 172.24. We should have a stop loss in place at 177.34 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, 176.83, 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 SXI
- Buy SXI slightly over 175.13, target 176.83, Stop Loss @ 174.72 Details
If 175.13 begins to break higher, the technical summary data tells us to buy SXI just slightly over 175.13, with an upside target of 176.83. The data also tells us to set a stop loss @ 174.72 in case the stock turns against the trade. 175.13 is the first level of resistance above 174.96, and by rule, any break above resistance is a buy signal. In this case, 175.13, 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 SXI slightly near 175.13, target 172.24, Stop Loss @ 175.54. Details
The technical summary data is suggesting a short of SXI if it tests 175.13 with a downside target of 172.24. We should have a stop loss in place at 175.54 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, 175.13, 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 Standex International Corporation (SXI) available here: SXI.
SXI Ratings for May 04:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Strong |
| P1 |
0 |
0 |
152.99 |
| P2 |
171.24 |
172.24 |
167.23 |
| P3 |
175.13 |
176.83 |
181.71 |
AI Generated Signals for SXI
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Standex International Corporation (NYSE: SXI) report below is a real world example. Included are trading plans for SXI, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SXI:
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