When (CFR) Moves Investors should Listen
July 18, 2024, 18:00 pm ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CFR
- Buy CFR slightly over 106.5 target 115.54 stop loss @ 106.19 Details
The technical summary data tells us to buy CFR near 106.5 with an upside target of 115.54. This data also tells us to set a stop loss @ 106.19 to protect against excessive loss in case the stock begins to move against the trade. 106.5 is the first level of support below 112.55 , and by rule, any test of support is a buy signal. In this case, support 106.5 is being tested, a buy signal would exist.
- Short CFR slightly under 115.54, target 106.5, stop loss @ 115.87 Details
The technical summary data is suggesting a short of CFR as it gets near 115.54 with a downside target of 106.5. We should have a stop loss in place at 115.87though. 115.54 is the first level of resistance above 112.55, and by rule, any test of resistance is a short signal. In this case, if resistance 115.54 is being tested, a short signal would exist.
Swing Trading Plans for CFR
- Buy CFR slightly over 115.54, target n/a, Stop Loss @ 115.21 Details
If 115.54 begins to break higher, the technical summary data tells us to buy CFR just slightly over 115.54, with an upside target of n/a. The data also tells us to set a stop loss @ 115.21 in case the stock turns against the trade. 115.54 is the first level of resistance above 112.55, and by rule, any break above resistance is a buy signal. In this case, 115.54, 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 CFR slightly near 115.54, target 109.17, Stop Loss @ 115.87. Details
The technical summary data is suggesting a short of CFR if it tests 115.54 with a downside target of 109.17. We should have a stop loss in place at 115.87 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, 115.54, 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 CFR
- Buy CFR slightly over 114.74, target 115.54, Stop Loss @ 114.47 Details
If 114.74 begins to break higher, the technical summary data tells us to buy CFR just slightly over 114.74, with an upside target of 115.54. The data also tells us to set a stop loss @ 114.47 in case the stock turns against the trade. 114.74 is the first level of resistance above 112.55, and by rule, any break above resistance is a buy signal. In this case, 114.74, 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 CFR slightly near 114.74, target 109.17, Stop Loss @ 115.01. Details
The technical summary data is suggesting a short of CFR if it tests 114.74 with a downside target of 109.17. We should have a stop loss in place at 115.01 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, 114.74, 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 Cullen/frost Bankers Inc. (CFR) available here: CFR.
CFR Ratings for July 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
97.86 |
| P2 |
114.74 |
109.17 |
106.5 |
| P3 |
117.88 |
115.54 |
115.54 |
AI Generated Signals for CFR
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 Cullen/frost Bankers Inc. (NYSE: CFR) report below is a real world example. Included are trading plans for CFR, 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 CFR:
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