(OXM) Technical Data

July 09, 2024, 02:14 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for OXM

• Buy OXM slightly over 95.02 target 103.63 stop loss @ 94.75 Details

The technical summary data tells us to buy OXM near 95.02 with an upside target of 103.63. This data also tells us to set a stop loss @ 94.75 to protect against excessive loss in case the stock begins to move against the trade. 95.02 is the first level of support below 97.6 , and by rule, any test of support is a buy signal. In this case, support 95.02 would be being tested, so a buy signal would exist.

• Short OXM slightly under 103.63, target 95.02, stop loss @ 103.93 Details

The technical summary data is suggesting a short of OXM as it gets near 103.63 with a downside target of 95.02. We should have a stop loss in place at 103.93though. 103.63 is the first level of resistance above 97.6, and by rule, any test of resistance is a short signal. In this case, if resistance 103.63 is being tested, so a short signal would exist.

Swing Trading Plans for OXM

• Buy OXM slightly over 99.51, target 103.63, Stop Loss @ 99.22 Details

If 99.51 begins to break higher, the technical summary data tells us to buy OXM just slightly over 99.51, with an upside target of 103.63. The data also tells us to set a stop loss @ 99.22 in case the stock turns against the trade. 99.51 is the first level of resistance above 97.6, and by rule, any break above resistance is a buy signal. In this case, 99.51, 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 OXM slightly near 99.51, target 96.59, Stop Loss @ 99.8. Details

The technical summary data is suggesting a short of OXM if it tests 99.51 with a downside target of 96.59. We should have a stop loss in place at 99.8 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, 99.51, 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 OXM

• Buy OXM slightly over 98.71, target 99.51, Stop Loss @ 98.48 Details

If 98.71 begins to break higher, the technical summary data tells us to buy OXM just slightly over 98.71, with an upside target of 99.51. The data also tells us to set a stop loss @ 98.48 in case the stock turns against the trade. 98.71 is the first level of resistance above 97.6, and by rule, any break above resistance is a buy signal. In this case, 98.71, 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 OXM slightly near 98.71, target 96.94, Stop Loss @ 98.94. Details

The technical summary data is suggesting a short of OXM if it tests 98.71 with a downside target of 96.94. We should have a stop loss in place at 98.94 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, 98.71, 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 Oxford Industries Inc. (OXM) available here: OXM.

OXM Ratings for July 09:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	95.02
P2	96.94	96.59	103.63
P3	98.71	99.51	112.26

AI Generated Signals for OXM

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Oxford Industries Inc. (NYSE: OXM) while incorporating prudent risk controls.

Warning:

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

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if OXM 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 OXM too.  All of these are offered below the Summary Table.