Learn to Evaluate Ingredion Incorporated ($INGR) using the Charts
December 14, 2023, 16:00 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for INGR
- Buy INGR slightly over 102.34 target 109.23 stop loss @ 102.04 Details
The technical summary data tells us to buy INGR near 102.34 with an upside target of 109.23. This data also tells us to set a stop loss @ 102.04 to protect against excessive loss in case the stock begins to move against the trade. 102.34 is the first level of support below 108.329 , and by rule, any test of support is a buy signal. In this case, support 102.34 is being tested, a buy signal would exist.
- Short INGR slightly under 109.23, target 102.34, stop loss @ 109.55 Details
The technical summary data is suggesting a short of INGR as it gets near 109.23 with a downside target of 102.34. We should have a stop loss in place at 109.55though. 109.23 is the first level of resistance above 108.329, and by rule, any test of resistance is a short signal. In this case, if resistance 109.23 is being tested, a short signal would exist.
Swing Trading Plans for INGR
- Buy INGR slightly over 109.23, target n/a, Stop Loss @ 108.91 Details
If 109.23 begins to break higher, the technical summary data tells us to buy INGR just slightly over 109.23, with an upside target of n/a. The data also tells us to set a stop loss @ 108.91 in case the stock turns against the trade. 109.23 is the first level of resistance above 108.329, and by rule, any break above resistance is a buy signal. In this case, 109.23, 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 INGR slightly near 109.23, target 106.99, Stop Loss @ 109.55. Details
The technical summary data is suggesting a short of INGR if it tests 109.23 with a downside target of 106.99. We should have a stop loss in place at 109.55 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, 109.23, 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 INGR
- Buy INGR slightly over 109.23, target n/a, Stop Loss @ 108.98 Details
If 109.23 begins to break higher, the technical summary data tells us to buy INGR just slightly over 109.23, with an upside target of n/a. The data also tells us to set a stop loss @ 108.98 in case the stock turns against the trade. 109.23 is the first level of resistance above 108.329, and by rule, any break above resistance is a buy signal. In this case, 109.23, 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 INGR slightly near 109.23, target 108.13, Stop Loss @ 109.48. Details
The technical summary data is suggesting a short of INGR if it tests 109.23 with a downside target of 108.13. We should have a stop loss in place at 109.48 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, 109.23, 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 Ingredion Incorporated (INGR) available here: INGR.
INGR Ratings for December 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
95.33 |
| P2 |
107.2 |
106.99 |
102.34 |
| P3 |
108.13 |
109.18 |
109.23 |
AI Generated Signals for INGR
Blue = Current Price
Red= Resistance
Green = Support
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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 Ingredion Incorporated (NASDAQ: INGR) report below can help you understand how to do this. The trading plans for INGR, 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.
Fundamental Charts for INGR:
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