When (MDYG) Moves Investors should Listen
December 05, 2024, 01:16 am ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MDYG
- Buy MDYG near 90.96 target 94.97 stop loss @ 90.7 Details
The technical summary data tells us to buy MDYG near 90.96 with an upside target of 94.97. This data also tells us to set a stop loss @ 90.7 to protect against excessive loss in case the stock begins to move against the trade. 90.96 is the first level of support below 94.33 , and by rule, any test of support is a buy signal. In this case, support 90.96 is being tested, a buy signal would exist.
- Short MDYG slightly under 94.97, target 90.96, stop loss @ 95.24 Details
The technical summary data is suggesting a short of MDYG as it gets near 94.97 with a downside target of 90.96. We should have a stop loss in place at 95.24though. 94.97 is the first level of resistance above 94.33, and by rule, any test of resistance is a short signal. In this case, if resistance 94.97 is being tested, a short signal would exist.
Swing Trading Plans for MDYG
- Buy MDYG slightly over 94.39, target 94.97, Stop Loss @ 94.12 Details
If 94.39 begins to break higher, the technical summary data tells us to buy MDYG just slightly over 94.39, with an upside target of 94.97. The data also tells us to set a stop loss @ 94.12 in case the stock turns against the trade. 94.39 is the first level of resistance above 94.33, and by rule, any break above resistance is a buy signal. In this case, 94.39, 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 MDYG slightly near 94.39, target 90.96, Stop Loss @ 94.66. Details
The technical summary data is suggesting a short of MDYG if it tests 94.39 with a downside target of 90.96. We should have a stop loss in place at 94.66 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, 94.39, 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 MDYG
- Buy MDYG slightly over 94.39, target 94.97, Stop Loss @ 94.17 Details
If 94.39 begins to break higher, the technical summary data tells us to buy MDYG just slightly over 94.39, with an upside target of 94.97. The data also tells us to set a stop loss @ 94.17 in case the stock turns against the trade. 94.39 is the first level of resistance above 94.33, and by rule, any break above resistance is a buy signal. In this case, 94.39, 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 MDYG slightly near 94.39, target 93.7, Stop Loss @ 94.61. Details
The technical summary data is suggesting a short of MDYG if it tests 94.39 with a downside target of 93.7. We should have a stop loss in place at 94.61 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, 94.39, 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 Spdr S&p 400 Mid Cap Growth Etf (MDYG) available here: MDYG.
MDYG Ratings for December 05:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
86.75 |
| P2 |
93.7 |
94.39 |
90.96 |
| P3 |
94.26 |
96.9 |
94.97 |
AI Generated Signals for MDYG
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 Spdr S&p 400 Mid Cap Growth Etf (NASDAQ: MDYG) report below is a real world example. Included are trading plans for MDYG, 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 MDYG:
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