When the Price of (SPGP) Talks, People Listen
February 12, 2024, 20:38 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPGP
- Buy SPGP slightly over 97.32 target 100.71 stop loss @ 97.04 Details
The technical summary data tells us to buy SPGP near 97.32 with an upside target of 100.71. This data also tells us to set a stop loss @ 97.04 to protect against excessive loss in case the stock begins to move against the trade. 97.32 is the first level of support below 99.2 , and by rule, any test of support is a buy signal. In this case, support 97.32 is being tested, a buy signal would exist.
- Short SPGP slightly under 100.71, target 97.32, stop loss @ 101 Details
The technical summary data is suggesting a short of SPGP as it gets near 100.71 with a downside target of 97.32. We should have a stop loss in place at 101though. 100.71 is the first level of resistance above 99.2, and by rule, any test of resistance is a short signal. In this case, if resistance 100.71 is being tested, a short signal would exist.
Swing Trading Plans for SPGP
- Buy SPGP slightly over 100.71, target n/a, Stop Loss @ 100.42 Details
If 100.71 begins to break higher, the technical summary data tells us to buy SPGP just slightly over 100.71, with an upside target of n/a. The data also tells us to set a stop loss @ 100.42 in case the stock turns against the trade. 100.71 is the first level of resistance above 99.2, and by rule, any break above resistance is a buy signal. In this case, 100.71, 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 SPGP slightly near 100.71, target 98.95, Stop Loss @ 101. Details
The technical summary data is suggesting a short of SPGP if it tests 100.71 with a downside target of 98.95. We should have a stop loss in place at 101 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, 100.71, 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 SPGP
- Buy SPGP slightly over 99.26, target 99.79, Stop Loss @ 99.03 Details
If 99.26 begins to break higher, the technical summary data tells us to buy SPGP just slightly over 99.26, with an upside target of 99.79. The data also tells us to set a stop loss @ 99.03 in case the stock turns against the trade. 99.26 is the first level of resistance above 99.2, and by rule, any break above resistance is a buy signal. In this case, 99.26, 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 SPGP slightly near 99.26, target 98.95, Stop Loss @ 99.49. Details
The technical summary data is suggesting a short of SPGP if it tests 99.26 with a downside target of 98.95. We should have a stop loss in place at 99.49 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, 99.26, 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 Invesco S&p 500 Garp Etf (SPGP) available here: SPGP.
SPGP Ratings for February 12:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
93.77 |
| P2 |
99.26 |
97.16 |
97.32 |
| P3 |
99.79 |
98.95 |
100.71 |
AI Generated Signals for SPGP
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Invesco S&p 500 Garp Etf (NASDAQ: SPGP) 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 SPGP 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.
Fundamental Charts for SPGP:
pool ads
