Aptargroup ATR Investment Analysis

Source: Stock Traders Daily

Longer Term Trading Plans for ATR
  • Buy ATR slightly slightly over 94.34 target 102.00 stop loss @ 94.07 Details
  • The technical summary data tells us to buy ATR near 94.34 with an upside target of 102.00. This data also tells us to set a stop loss @ 94.07 to protect against excessive loss in case the stock begins to move against the trade. 94.34 is the first level of support below 98.12 , and by rule, any test of support is a buy signal. In this case, support 94.34 would be being tested, so a buy signal would exist.

  • Short ATR slightly under 102.00, target 94.34, stop loss @ 102.29 Details
  • The technical summary data is suggesting a short of ATR as it gets near 102.00 with a downside target of 94.34. We should have a stop loss in place at 102.29though. 102.00 is the first level of resistance above 98.12, and by rule, any test of resistance is a short signal. In this case, if resistance 102.00 is being tested, so a short signal would exist.

Swing Trading Plans for ATR
  • Buy ATR slightly slightly over 98.56, target 102.00, Stop Loss @ 98.28 Details
  • If 98.56 begins to break higher, the technical summary data tells us to buy ATR just slightly over 98.56, with an upside target of 102.00. The data also tells us to set a stop loss @ 98.28 in case the stock turns against the trade. 98.56 is the first level of resistance above 98.12, and by rule, any break above resistance is a buy signal. In this case, 98.56, 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 ATR slightly near 98.56, target 94.34, Stop Loss @ 98.84. Details
  • The technical summary data is suggesting a short of ATR if it tests 98.56 with a downside target of 94.34. We should have a stop loss in place at 98.84 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, 98.56, 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 ATR
  • Buy ATR slightly slightly over 98.56, target 100.00, Stop Loss @ 98.33 Details
  • If 98.56 begins to break higher, the technical summary data tells us to buy ATR just slightly over 98.56, with an upside target of 100.00. The data also tells us to set a stop loss @ 98.33 in case the stock turns against the trade. 98.56 is the first level of resistance above 98.12, and by rule, any break above resistance is a buy signal. In this case, 98.56, 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 ATR slightly near 98.56, target 97.44, Stop Loss @ 98.79. Details
  • The technical summary data is suggesting a short of ATR if it tests 98.56 with a downside target of 97.44. We should have a stop loss in place at 98.79 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, 98.56, 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.

ATR Ratings for September 23:

Term →Near Mid Long
Rating Weak Weak Weak
P1 0 0 94.34
P2 97.44 98.56 102.00
P3 100.00 103.11 109.38

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ATR Long Term Analysis for September 23 2022


ATR Swing Trading Analysis for September 23 2022


ATR Day Trading Analysis for September 23 2022

With an objective approach to Aptargroup (NYSE: ATR), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ATR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ATR is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ATR too.  All of these are offered below the Summary Table.