When Highwoods Properties (HIW) Moves Investors should Listen

August 21, 2021, 00:00 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

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  Highwoods Properties (NYSE: HIW) report below is a real world example. Included are trading plans for HIW, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports. 

Longer Term Trading Plans for HIW

• Buy HIW slightly over 43.62 target 46.69 stop loss @ 43.49 Details

The technical summary data tells us to buy HIW near 43.62 with an upside target of 46.69. This data also tells us to set a stop loss @ 43.49 to protect against excessive loss in case the stock begins to move against the trade. 43.62 is the first level of support below 45.16 , and by rule, any test of support is a buy signal. In this case, support 43.62 would be being tested, so a buy signal would exist.

• Short HIW under 46.69, target 43.62, stop loss @ 46.82 Details

The technical summary data is suggesting a short of HIW as it gets near 46.69 with a downside target of 43.62. We should have a stop loss in place at 46.82though. 46.69 is the first level of resistance above 45.16, and by rule, any test of resistance is a short signal. In this case, if resistance 46.69 is being tested, so a short signal would exist.

Swing Trading Plans for HIW

• Buy HIW slightly over 45.66, target 46.69, Stop Loss @ 45.53 Details

If 45.66 begins to break higher, the technical summary data tells us to buy HIW just slightly over 45.66, with an upside target of 46.69. The data also tells us to set a stop loss @ 45.53 in case the stock turns against the trade. 45.66 is the first level of resistance above 45.16, and by rule, any break above resistance is a buy signal. In this case, 45.66, 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 HIW near 45.66, target 44.72, Stop Loss @ 45.79. Details

The technical summary data is suggesting a short of HIW if it tests 45.66 with a downside target of 44.72. We should have a stop loss in place at 45.79 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, 45.66, 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 HIW

• Buy HIW slightly over 45.23, target 45.66, Stop Loss @ 45.12 Details

If 45.23 begins to break higher, the technical summary data tells us to buy HIW just slightly over 45.23, with an upside target of 45.66. The data also tells us to set a stop loss @ 45.12 in case the stock turns against the trade. 45.23 is the first level of resistance above 45.16, and by rule, any break above resistance is a buy signal. In this case, 45.23, 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 HIW near 45.23, target 44.80, Stop Loss @ 45.34. Details

The technical summary data is suggesting a short of HIW if it tests 45.23 with a downside target of 44.80. We should have a stop loss in place at 45.34 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, 45.23, 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.

HIW Ratings for August 21:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	43.62
P2	44.80	44.72	46.69
P3	45.23	45.66	49.63

Support and Resistance Plot Chart for HIW

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.