When the Price of (TRV) Talks, People Listen

October 08, 2024, 19:54 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TRV

• Buy TRV near 215.84 target 233.21 stop loss @ 215.22 Details

The technical summary data tells us to buy TRV near 215.84 with an upside target of 233.21. This data also tells us to set a stop loss @ 215.22 to protect against excessive loss in case the stock begins to move against the trade. 215.84 is the first level of support below 230.34 , and by rule, any test of support is a buy signal. In this case, support 215.84 would be being tested, so a buy signal would exist.

• Short TRV slightly under 233.21, target 215.84, stop loss @ 233.88 Details

The technical summary data is suggesting a short of TRV as it gets near 233.21 with a downside target of 215.84. We should have a stop loss in place at 233.88though. 233.21 is the first level of resistance above 230.34, and by rule, any test of resistance is a short signal. In this case, if resistance 233.21 is being tested, so a short signal would exist.

Swing Trading Plans for TRV

• Buy TRV slightly over 232.46, target 233.21, Stop Loss @ 231.79 Details

If 232.46 begins to break higher, the technical summary data tells us to buy TRV just slightly over 232.46, with an upside target of 233.21. The data also tells us to set a stop loss @ 231.79 in case the stock turns against the trade. 232.46 is the first level of resistance above 230.34, and by rule, any break above resistance is a buy signal. In this case, 232.46, 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 TRV slightly near 232.46, target 227.61, Stop Loss @ 233.13. Details

The technical summary data is suggesting a short of TRV if it tests 232.46 with a downside target of 227.61. We should have a stop loss in place at 233.13 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, 232.46, 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 TRV

• Buy TRV slightly over 230.57, target 232.46, Stop Loss @ 230.03 Details

If 230.57 begins to break higher, the technical summary data tells us to buy TRV just slightly over 230.57, with an upside target of 232.46. The data also tells us to set a stop loss @ 230.03 in case the stock turns against the trade. 230.57 is the first level of resistance above 230.34, and by rule, any break above resistance is a buy signal. In this case, 230.57, 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 TRV slightly near 230.57, target 227.61, Stop Loss @ 231.11. Details

The technical summary data is suggesting a short of TRV if it tests 230.57 with a downside target of 227.61. We should have a stop loss in place at 231.11 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, 230.57, 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 The Travelers Companies Inc. (TRV) available here: TRV.

TRV Ratings for October 08:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	215.84
P2	225.81	227.61	233.21
P3	230.57	232.46	250.13

AI Generated Signals for TRV

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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 The Travelers Companies Inc. (NYSE: TRV) 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 TRV 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.