(NDSN) On The My Stocks Page

August 21, 2024, 16:50 pm ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NDSN

• Buy NDSN slightly over 230.23 target 252.56 stop loss @ 229.57 Details

The technical summary data tells us to buy NDSN near 230.23 with an upside target of 252.56. This data also tells us to set a stop loss @ 229.57 to protect against excessive loss in case the stock begins to move against the trade. 230.23 is the first level of support below 248.59 , and by rule, any test of support is a buy signal. In this case, support 230.23 would be being tested, so a buy signal would exist.

• Short NDSN slightly under 252.56, target 230.23, stop loss @ 253.29 Details

The technical summary data is suggesting a short of NDSN as it gets near 252.56 with a downside target of 230.23. We should have a stop loss in place at 253.29though. 252.56 is the first level of resistance above 248.59, and by rule, any test of resistance is a short signal. In this case, if resistance 252.56 is being tested, so a short signal would exist.

Swing Trading Plans for NDSN

• Buy NDSN slightly over 252.56, target 275.11, Stop Loss @ 251.83 Details

If 252.56 begins to break higher, the technical summary data tells us to buy NDSN just slightly over 252.56, with an upside target of 275.11. The data also tells us to set a stop loss @ 251.83 in case the stock turns against the trade. 252.56 is the first level of resistance above 248.59, and by rule, any break above resistance is a buy signal. In this case, 252.56, 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 NDSN slightly near 252.56, target 241.89, Stop Loss @ 253.29. Details

The technical summary data is suggesting a short of NDSN if it tests 252.56 with a downside target of 241.89. We should have a stop loss in place at 253.29 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, 252.56, 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 NDSN

• Buy NDSN slightly over 252.56, target 275.11, Stop Loss @ 251.97 Details

If 252.56 begins to break higher, the technical summary data tells us to buy NDSN just slightly over 252.56, with an upside target of 275.11. The data also tells us to set a stop loss @ 251.97 in case the stock turns against the trade. 252.56 is the first level of resistance above 248.59, and by rule, any break above resistance is a buy signal. In this case, 252.56, 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 NDSN slightly near 252.56, target 241.89, Stop Loss @ 253.15. Details

The technical summary data is suggesting a short of NDSN if it tests 252.56 with a downside target of 241.89. We should have a stop loss in place at 253.15 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, 252.56, 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 Nordson Corporation (NDSN) available here: NDSN.

NDSN Ratings for August 21:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	230.23
P2	238.69	237.28	252.56
P3	241.85	241.89	275.11

AI Generated Signals for NDSN

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Trading or Investing in Nordson Corporation (NASDAQ: NDSN) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for NDSN change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if NDSN is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for NDSN too.  All of these are offered below the Summary Table.