(EXR) Investment Analysis

April 11, 2024, 09:30 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EXR

• Buy EXR slightly over 137.94 target 155.68 stop loss @ 137.54 Details

The technical summary data tells us to buy EXR near 137.94 with an upside target of 155.68. This data also tells us to set a stop loss @ 137.54 to protect against excessive loss in case the stock begins to move against the trade. 137.94 is the first level of support below 142.5 , and by rule, any test of support is a buy signal. In this case, support 137.94 is being tested, a buy signal would exist.

• Short EXR slightly under 155.68, target 137.94, stop loss @ 156.13 Details

The technical summary data is suggesting a short of EXR as it gets near 155.68 with a downside target of 137.94. We should have a stop loss in place at 156.13though. 155.68 is the first level of resistance above 142.5, and by rule, any test of resistance is a short signal. In this case, if resistance 155.68 is being tested, a short signal would exist.

Swing Trading Plans for EXR

• Buy EXR slightly over 144.81, target 150.92, Stop Loss @ 144.39 Details

If 144.81 begins to break higher, the technical summary data tells us to buy EXR just slightly over 144.81, with an upside target of 150.92. The data also tells us to set a stop loss @ 144.39 in case the stock turns against the trade. 144.81 is the first level of resistance above 142.5, and by rule, any break above resistance is a buy signal. In this case, 144.81, 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 EXR slightly near 144.81, target 137.94, Stop Loss @ 145.23. Details

The technical summary data is suggesting a short of EXR if it tests 144.81 with a downside target of 137.94. We should have a stop loss in place at 145.23 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, 144.81, 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.

Day Trading Plans for EXR

• Buy EXR slightly over 143.17, target 144.81, Stop Loss @ 142.84 Details

If 143.17 begins to break higher, the technical summary data tells us to buy EXR just slightly over 143.17, with an upside target of 144.81. The data also tells us to set a stop loss @ 142.84 in case the stock turns against the trade. 143.17 is the first level of resistance above 142.5, and by rule, any break above resistance is a buy signal. In this case, 143.17, 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 EXR slightly near 143.17, target 137.94, Stop Loss @ 143.5. Details

The technical summary data is suggesting a short of EXR if it tests 143.17 with a downside target of 137.94. We should have a stop loss in place at 143.5 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, 143.17, 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 Extra Space Storage Inc (EXR) available here: EXR.

EXR Ratings for April 11:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	120.14
P2	143.17	144.81	137.94
P3	149.52	150.92	155.68

AI Generated Signals for EXR

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Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for EXR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if EXR 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 EXR too.  All of these are offered below the Summary Table.