When the Price of (CMBS) Talks, People Listen
July 30, 2024, 15:16 pm ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CMBS
- Buy CMBS slightly over 47.19 target 48 stop loss @ 47.05 Details
The technical summary data tells us to buy CMBS near 47.19 with an upside target of 48. This data also tells us to set a stop loss @ 47.05 to protect against excessive loss in case the stock begins to move against the trade. 47.19 is the first level of support below 47.48 , and by rule, any test of support is a buy signal. In this case, support 47.19 is being tested, a buy signal would exist.
- Short CMBS slightly under 48, target 47.19, stop loss @ 48.14 Details
The technical summary data is suggesting a short of CMBS as it gets near 48 with a downside target of 47.19. We should have a stop loss in place at 48.14though. 48 is the first level of resistance above 47.48, and by rule, any test of resistance is a short signal. In this case, if resistance 48 is being tested, a short signal would exist.
Swing Trading Plans for CMBS
- Buy CMBS slightly over 48, target n/a, Stop Loss @ 47.86 Details
If 48 begins to break higher, the technical summary data tells us to buy CMBS just slightly over 48, with an upside target of n/a. The data also tells us to set a stop loss @ 47.86 in case the stock turns against the trade. 48 is the first level of resistance above 47.48, and by rule, any break above resistance is a buy signal. In this case, 48, 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 CMBS slightly near 48, target 47.41, Stop Loss @ 48.14. Details
The technical summary data is suggesting a short of CMBS if it tests 48 with a downside target of 47.41. We should have a stop loss in place at 48.14 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, 48, 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 CMBS
- Buy CMBS slightly over 48, target n/a, Stop Loss @ 47.89 Details
If 48 begins to break higher, the technical summary data tells us to buy CMBS just slightly over 48, with an upside target of n/a. The data also tells us to set a stop loss @ 47.89 in case the stock turns against the trade. 48 is the first level of resistance above 47.48, and by rule, any break above resistance is a buy signal. In this case, 48, 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 CMBS slightly near 48, target 47.46, Stop Loss @ 48.11. Details
The technical summary data is suggesting a short of CMBS if it tests 48 with a downside target of 47.46. We should have a stop loss in place at 48.11 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, 48, 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 Ishares Cmbs Etf (CMBS) available here: CMBS.
CMBS Ratings for July 30:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
46.43 |
P2 |
47.46 |
47.2 |
47.19 |
P3 |
0 |
47.41 |
48 |
AI Generated Signals for CMBS
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Ishares Cmbs Etf (NASDAQ: CMBS) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for CMBS can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CMBS: