April 21, 2025, 00:14 am ET, BY Allen K. - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RXI
- NONE. Details
There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.
- Short RXI slightly under 175.51, target n/a, stop loss @ 176.02 Details
The technical summary data is suggesting a short of RXI as it gets near 175.51, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 176.02. 175.51 is the first level of resistance above 168.48, and by rule, any test of resistance is a short signal. In this case, if resistance 175.51 is being tested, so a short signal would exist.
Swing Trading Plans for RXI
- Buy RXI slightly over 172.67, target 175.51, Stop Loss @ 172.17 Details
If 172.67 begins to break higher, the technical summary data tells us to buy RXI just slightly over 172.67, with an upside target of 175.51. The data also tells us to set a stop loss @ 172.17 in case the stock turns against the trade. 172.67 is the first level of resistance above 168.48, and by rule, any break above resistance is a buy signal. In this case, 172.67, 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 RXI slightly near 172.67, target 161.12, Stop Loss @ 173.17. Details
The technical summary data is suggesting a short of RXI if it tests 172.67 with a downside target of 161.12. We should have a stop loss in place at 173.17 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, 172.67, 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 RXI
- Buy RXI slightly over 171.01, target 172.67, Stop Loss @ 170.61 Details
If 171.01 begins to break higher, the technical summary data tells us to buy RXI just slightly over 171.01, with an upside target of 172.67. The data also tells us to set a stop loss @ 170.61 in case the stock turns against the trade. 171.01 is the first level of resistance above 168.48, and by rule, any break above resistance is a buy signal. In this case, 171.01, 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 RXI slightly near 171.01, target 167.05, Stop Loss @ 171.41. Details
The technical summary data is suggesting a short of RXI if it tests 171.01 with a downside target of 167.05. We should have a stop loss in place at 171.41 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, 171.01, 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 Global Consumer Discretionary Etf (RXI) available here: RXI.
RXI Ratings for April 21:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Weak |
Strong |
P1 |
0 |
0 |
175.51 |
P2 |
167.05 |
161.12 |
188.04 |
P3 |
171.01 |
172.67 |
198.95 |
AI Generated Signals for RXI
Blue = Current Price
Red = Resistance
Green = Support
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Fundamental Charts for RXI: