Trading (USNA) With Integrated Risk Controls
October 30, 2024, 12:34 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for USNA
- Buy USNA near 34.95 target 38.76 stop loss @ 34.85 Details
The technical summary data tells us to buy USNA near 34.95 with an upside target of 38.76. This data also tells us to set a stop loss @ 34.85 to protect against excessive loss in case the stock begins to move against the trade. 34.95 is the first level of support below 36.71 , and by rule, any test of support is a buy signal. In this case, support 34.95 would be being tested, so a buy signal would exist.
- Short USNA slightly under 38.76, target 34.95, stop loss @ 38.87 Details
The technical summary data is suggesting a short of USNA as it gets near 38.76 with a downside target of 34.95. We should have a stop loss in place at 38.87though. 38.76 is the first level of resistance above 36.71, and by rule, any test of resistance is a short signal. In this case, if resistance 38.76 is being tested, so a short signal would exist.
Swing Trading Plans for USNA
- Buy USNA slightly over 38.22, target 38.76, Stop Loss @ 38.11 Details
If 38.22 begins to break higher, the technical summary data tells us to buy USNA just slightly over 38.22, with an upside target of 38.76. The data also tells us to set a stop loss @ 38.11 in case the stock turns against the trade. 38.22 is the first level of resistance above 36.71, and by rule, any break above resistance is a buy signal. In this case, 38.22, 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 USNA slightly near 38.22, target 36.22, Stop Loss @ 38.33. Details
The technical summary data is suggesting a short of USNA if it tests 38.22 with a downside target of 36.22. We should have a stop loss in place at 38.33 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, 38.22, 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 USNA
- Buy USNA slightly over 37.44, target 38.22, Stop Loss @ 37.35 Details
If 37.44 begins to break higher, the technical summary data tells us to buy USNA just slightly over 37.44, with an upside target of 38.22. The data also tells us to set a stop loss @ 37.35 in case the stock turns against the trade. 37.44 is the first level of resistance above 36.71, and by rule, any break above resistance is a buy signal. In this case, 37.44, 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 USNA slightly near 37.44, target 36.22, Stop Loss @ 37.53. Details
The technical summary data is suggesting a short of USNA if it tests 37.44 with a downside target of 36.22. We should have a stop loss in place at 37.53 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, 37.44, 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 Usana Health Sciences Inc. (USNA) available here: USNA.
USNA Ratings for October 30:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Strong |
Weak |
P1 |
0 |
0 |
34.95 |
P2 |
37.44 |
36.22 |
38.76 |
P3 |
38.46 |
38.22 |
42.7 |
AI Generated Signals for USNA
Blue = Current Price
Red= Resistance
Green = Support
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Fundamental Charts for USNA: