Investment Advice for A.o.smith Corp AOS

Source: Stock Traders Daily

Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Strong
P1 0 0 64.87
P2 67.80 67.36 68.55
P3 68.46 69.54 72.45

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in A.o.smith Corp (NYSE: AOS) while incorporating prudent risk controls. 

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

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte. 

Instructions: The rules that govern the data in this report are the rules of Technical Analysis.  For example, if AOS 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.

This data is further refined to differentiate trading plans for Day Trading AOS, Swing Trading AOS, and Long Term Investing plans for AOS too.

Longer Term Trading Plans for AOS

June 11, 2021, 4:15 am ET

Our Longer Term Plans for AOS help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AOS Report.

AOS - (Long) Support Plan

Buy over 64.87 target 68.55 stop loss @ 64.68

The technical summary data tells us to buy AOS near 64.87 with an upside target of 68.55. This data also tells us to set a stop loss @ 64.68 to protect against excessive loss in case the stock begins to move against the trade. 64.87 is the first level of support below 67.79 , and by rule, any test of support is a buy signal. In this case, support 64.87 would be being tested, so a buy signal would exist.

AOS - (Short) Resistance Plan

Short under 68.55, target 64.87, stop loss @ 68.75

The technical summary data is suggesting a short of AOS as it gets near 68.55 with a downside target of 64.87. We should have a stop loss in place at 68.75though. 68.55 is the first level of resistance above 67.79, and by rule, any test of resistance is a short signal. In this case, if resistance 68.55 is being tested, so a short signal would exist.


AOS Long Term Analysis for June 11 2021

Graph of Evitar Corte vs S&P 500

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Swing Trading Plans for AOS

June 11, 2021, 4:15 am ET

Our Swing Trading Plans for AOS help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Swing Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AOS Report.

AOS - (Long) Support Plan

Buy over 68.55, target 69.54, Stop Loss @ 68.35

If 68.55 begins to break higher, the technical summary data tells us to buy AOS just over 68.55, with an upside target of 69.54. The data also tells us to set a stop loss @ 68.35 in case the stock turns against the trade. 68.55 is the first level of resistance above 67.79, and by rule, any break above resistance is a buy signal. In this case, 68.55, 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.

AOS - (Short) Resistance Plan

Short near 68.55, target 67.36, Stop Loss @ 68.75.

The technical summary data is suggesting a short of AOS if it tests 68.55 with a downside target of 67.36. We should have a stop loss in place at 68.75 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, 68.55, 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 Swing Trading Analysis for June 11 2021

Day Trading Plans for AOS

June 11, 2021, 4:15 am ET

Our Day Trading Plans for AOS help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Day Trading Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this AOS Report.

AOS - (Long) Support Plan

Buy over 67.80, target 68.55, Stop Loss @ 67.64

If 67.80 begins to break higher, the technical summary data tells us to buy AOS just over 67.80, with an upside target of 68.55. The data also tells us to set a stop loss @ 67.64 in case the stock turns against the trade. 67.80 is the first level of resistance above 67.79, and by rule, any break above resistance is a buy signal. In this case, 67.80, 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.

AOS - (Short) Resistance Plan

Short near 67.80, target 67.36, Stop Loss @ 67.96.

The technical summary data is suggesting a short of AOS if it tests 67.80 with a downside target of 67.36. We should have a stop loss in place at 67.96 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, 67.80, 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 Day Trading Analysis for June 11 2021