When (SRDX) Moves Investors should Listen
October 30, 2024, 10:18 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SRDX
- Buy SRDX near 35.62 target 40.04 stop loss @ 35.52 Details
The technical summary data tells us to buy SRDX near 35.62 with an upside target of 40.04. This data also tells us to set a stop loss @ 35.52 to protect against excessive loss in case the stock begins to move against the trade. 35.62 is the first level of support below 37.545 , and by rule, any test of support is a buy signal. In this case, support 35.62 would be being tested, so a buy signal would exist.
- Short SRDX slightly under 40.04, target 35.62, stop loss @ 40.16 Details
The technical summary data is suggesting a short of SRDX as it gets near 40.04 with a downside target of 35.62. We should have a stop loss in place at 40.16though. 40.04 is the first level of resistance above 37.545, and by rule, any test of resistance is a short signal. In this case, if resistance 40.04 is being tested, so a short signal would exist.
Swing Trading Plans for SRDX
- Buy SRDX slightly over 37.9, target 40.04, Stop Loss @ 37.79 Details
If 37.9 begins to break higher, the technical summary data tells us to buy SRDX just slightly over 37.9, with an upside target of 40.04. The data also tells us to set a stop loss @ 37.79 in case the stock turns against the trade. 37.9 is the first level of resistance above 37.545, and by rule, any break above resistance is a buy signal. In this case, 37.9, 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 SRDX slightly near 37.9, target 37.47, Stop Loss @ 38.01. Details
The technical summary data is suggesting a short of SRDX if it tests 37.9 with a downside target of 37.47. We should have a stop loss in place at 38.01 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, 37.9, 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 SRDX
- Buy SRDX slightly over 37.59, target 37.9, Stop Loss @ 37.5 Details
If 37.59 begins to break higher, the technical summary data tells us to buy SRDX just slightly over 37.59, with an upside target of 37.9. The data also tells us to set a stop loss @ 37.5 in case the stock turns against the trade. 37.59 is the first level of resistance above 37.545, and by rule, any break above resistance is a buy signal. In this case, 37.59, 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 SRDX slightly near 37.59, target 35.62, Stop Loss @ 37.68. Details
The technical summary data is suggesting a short of SRDX if it tests 37.59 with a downside target of 35.62. We should have a stop loss in place at 37.68 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, 37.59, 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 Surmodics Inc. (SRDX) available here: SRDX.
SRDX Ratings for October 30:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Strong |
P1 |
0 |
0 |
35.62 |
P2 |
37.3 |
37.47 |
40.04 |
P3 |
37.59 |
37.9 |
44.08 |
AI Generated Signals for SRDX
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Surmodics Inc. (NASDAQ: SRDX) report below is a real world example. Included are trading plans for SRDX, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SRDX: