Learn to Evaluate Travelers Companies ($TRV) using the Charts

August 05, 2023, 05:30 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for TRV

• Buy TRV slightly over 165.40 target 178.72 stop loss @ 164.92 Details

The technical summary data tells us to buy TRV near 165.40 with an upside target of 178.72. This data also tells us to set a stop loss @ 164.92 to protect against excessive loss in case the stock begins to move against the trade. 165.40 is the first level of support below 168.65 , and by rule, any test of support is a buy signal. In this case, support 165.40 would be being tested, so a buy signal would exist.

• Short TRV slightly under 178.72, target 165.40, stop loss @ 179.24 Details

The technical summary data is suggesting a short of TRV as it gets near 178.72 with a downside target of 165.40. We should have a stop loss in place at 179.24though. 178.72 is the first level of resistance above 168.65, and by rule, any test of resistance is a short signal. In this case, if resistance 178.72 is being tested, so a short signal would exist.

Swing Trading Plans for TRV

• Buy TRV slightly over 170.51, target 174.07, Stop Loss @ 170.02 Details

If 170.51 begins to break higher, the technical summary data tells us to buy TRV just slightly over 170.51, with an upside target of 174.07. The data also tells us to set a stop loss @ 170.02 in case the stock turns against the trade. 170.51 is the first level of resistance above 168.65, and by rule, any break above resistance is a buy signal. In this case, 170.51, 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 TRV slightly near 170.51, target 165.40, Stop Loss @ 171. Details

The technical summary data is suggesting a short of TRV if it tests 170.51 with a downside target of 165.40. We should have a stop loss in place at 171 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, 170.51, 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 TRV

• Buy TRV slightly over 169.44, target 170.56, Stop Loss @ 169.04 Details

If 169.44 begins to break higher, the technical summary data tells us to buy TRV just slightly over 169.44, with an upside target of 170.56. The data also tells us to set a stop loss @ 169.04 in case the stock turns against the trade. 169.44 is the first level of resistance above 168.65, and by rule, any break above resistance is a buy signal. In this case, 169.44, 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 TRV slightly near 169.44, target 165.40, Stop Loss @ 169.84. Details

The technical summary data is suggesting a short of TRV if it tests 169.44 with a downside target of 165.40. We should have a stop loss in place at 169.84 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, 169.44, 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  Travelers Companies (TRV) available here: TRV.

TRV Ratings for August 05:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	165.40
P2	169.44	170.51	178.72
P3	170.56	174.07	191.68

AI Generated Signals for TRV

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Travelers Companies (NYSE: TRV) report below can help you understand how to do this. The trading plans for TRV, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.