How the (NVR) price action is used to our Advantage

November 20, 2024, 16:52 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for NVR

• Buy NVR near 8810.44 target 9407.76 stop loss @ 8785 Details

The technical summary data tells us to buy NVR near 8810.44 with an upside target of 9407.76. This data also tells us to set a stop loss @ 8785 to protect against excessive loss in case the stock begins to move against the trade. 8810.44 is the first level of support below 9000 , and by rule, any test of support is a buy signal. In this case, support 8810.44 would be being tested, so a buy signal would exist.

• Short NVR slightly under 9407.76, target 8810.44, stop loss @ 9434.93 Details

The technical summary data is suggesting a short of NVR as it gets near 9407.76 with a downside target of 8810.44. We should have a stop loss in place at 9434.93though. 9407.76 is the first level of resistance above 9000, and by rule, any test of resistance is a short signal. In this case, if resistance 9407.76 is being tested, so a short signal would exist.

Swing Trading Plans for NVR

• Buy NVR slightly over 9073.33, target 9407.76, Stop Loss @ 9047.13 Details

If 9073.33 begins to break higher, the technical summary data tells us to buy NVR just slightly over 9073.33, with an upside target of 9407.76. The data also tells us to set a stop loss @ 9047.13 in case the stock turns against the trade. 9073.33 is the first level of resistance above 9000, and by rule, any break above resistance is a buy signal. In this case, 9073.33, 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 NVR slightly near 9073.33, target 8855.7, Stop Loss @ 9099.53. Details

The technical summary data is suggesting a short of NVR if it tests 9073.33 with a downside target of 8855.7. We should have a stop loss in place at 9099.53 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, 9073.33, 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.

Day Trading Plans for NVR

• Buy NVR slightly over 9073.33, target 9407.76, Stop Loss @ 9052.16 Details

If 9073.33 begins to break higher, the technical summary data tells us to buy NVR just slightly over 9073.33, with an upside target of 9407.76. The data also tells us to set a stop loss @ 9052.16 in case the stock turns against the trade. 9073.33 is the first level of resistance above 9000, and by rule, any break above resistance is a buy signal. In this case, 9073.33, 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 NVR slightly near 9073.33, target 8925.73, Stop Loss @ 9094.5. Details

The technical summary data is suggesting a short of NVR if it tests 9073.33 with a downside target of 8925.73. We should have a stop loss in place at 9094.5 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, 9073.33, 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  Nvr Inc. (NVR) available here: NVR.

NVR Ratings for November 20:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	8810.44
P2	8809.36	8855.7	9407.76
P3	8925.73	9073.33	10005.11

AI Generated Signals for NVR

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Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Nvr Inc. (NYSE: NVR) data table below can help you with price action, and we have more details too. Trading plans for NVR are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.