When (AIN) Moves Investors should Listen
April 18, 2024, 10:22 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AIN
- Buy AIN slightly over 84.56 target 90.78 stop loss @ 84.32 Details
The technical summary data tells us to buy AIN near 84.56 with an upside target of 90.78. This data also tells us to set a stop loss @ 84.32 to protect against excessive loss in case the stock begins to move against the trade. 84.56 is the first level of support below 88.795 , and by rule, any test of support is a buy signal. In this case, support 84.56 would be being tested, so a buy signal would exist.
- Short AIN slightly under 90.78, target 84.56, stop loss @ 91.04 Details
The technical summary data is suggesting a short of AIN as it gets near 90.78 with a downside target of 84.56. We should have a stop loss in place at 91.04though. 90.78 is the first level of resistance above 88.795, and by rule, any test of resistance is a short signal. In this case, if resistance 90.78 is being tested, so a short signal would exist.
Swing Trading Plans for AIN
- Buy AIN slightly over 90.05, target 90.78, Stop Loss @ 89.79 Details
If 90.05 begins to break higher, the technical summary data tells us to buy AIN just slightly over 90.05, with an upside target of 90.78. The data also tells us to set a stop loss @ 89.79 in case the stock turns against the trade. 90.05 is the first level of resistance above 88.795, and by rule, any break above resistance is a buy signal. In this case, 90.05, 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 AIN slightly near 90.05, target 88.21, Stop Loss @ 90.31. Details
The technical summary data is suggesting a short of AIN if it tests 90.05 with a downside target of 88.21. We should have a stop loss in place at 90.31 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, 90.05, 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 AIN
- Buy AIN slightly over 89.33, target 90.05, Stop Loss @ 89.12 Details
If 89.33 begins to break higher, the technical summary data tells us to buy AIN just slightly over 89.33, with an upside target of 90.05. The data also tells us to set a stop loss @ 89.12 in case the stock turns against the trade. 89.33 is the first level of resistance above 88.795, and by rule, any break above resistance is a buy signal. In this case, 89.33, 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 AIN slightly near 89.33, target 88.21, Stop Loss @ 89.54. Details
The technical summary data is suggesting a short of AIN if it tests 89.33 with a downside target of 88.21. We should have a stop loss in place at 89.54 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, 89.33, 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 Albany International Corporation (AIN) available here: AIN.
AIN Ratings for April 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Neutral |
| P1 |
0 |
0 |
84.56 |
| P2 |
88.19 |
88.21 |
90.78 |
| P3 |
89.33 |
90.05 |
96.74 |
AI Generated Signals for AIN
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
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 Albany International Corporation (NYSE: AIN) report below is a real world example. Included are trading plans for AIN, 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 AIN:
pool ads
