When A.o.smith Corp (AOS) Moves Investors should Listen

Source: Stock Traders Daily

Longer Term Trading Plans for AOS
  • 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 AOS under 64.68, target n/a, stop loss @ 64.87 Details
  • The technical summary data is suggesting a short of AOS as it gets near 64.68, 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 64.87. 64.68 is the first level of resistance above 60.01, and by rule, any test of resistance is a short signal. In this case, if resistance 64.68 is being tested, so a short signal would exist.

Swing Trading Plans for AOS
  • Buy AOS over 64.68, target 72.93, Stop Loss @ 64.49 Details
  • If 64.68 begins to break higher, the technical summary data tells us to buy AOS just over 64.68, with an upside target of 72.93. The data also tells us to set a stop loss @ 64.49 in case the stock turns against the trade. 64.68 is the first level of resistance above 60.01, and by rule, any break above resistance is a buy signal. In this case, 64.68, 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 AOS near 64.68, target 59.33, Stop Loss @ 64.87. Details
  • The technical summary data is suggesting a short of AOS if it tests 64.68 with a downside target of 59.33. We should have a stop loss in place at 64.87 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, 64.68, 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 AOS
  • Buy AOS over 64.68, target 72.93, Stop Loss @ 64.53 Details
  • If 64.68 begins to break higher, the technical summary data tells us to buy AOS just over 64.68, with an upside target of 72.93. The data also tells us to set a stop loss @ 64.53 in case the stock turns against the trade. 64.68 is the first level of resistance above 60.01, and by rule, any break above resistance is a buy signal. In this case, 64.68, 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 AOS near 64.68, target 59.33, Stop Loss @ 64.83. Details
  • The technical summary data is suggesting a short of AOS if it tests 64.68 with a downside target of 59.33. We should have a stop loss in place at 64.83 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, 64.68, 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.

AOS Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Weak Weak Neutral
P1 0 0 64.68
P2 57.49 56.91 72.93
P3 58.98 59.33 81.11

AOS Long Term Analysis for May 14 2022


AOS Swing Trading Analysis for May 14 2022


AOS Day Trading Analysis for May 14 2022

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  A.o.smith Corp (NYSE: AOS) report below is a real world example. Included are trading plans for AOS, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports

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