April 02, 2025, 10:26 am ET, BY David D. - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RNR
- Buy RNR near 235.61 target 259.24 stop loss @ 234.93 Details
The technical summary data tells us to buy RNR near 235.61 with an upside target of 259.24. This data also tells us to set a stop loss @ 234.93 to protect against excessive loss in case the stock begins to move against the trade. 235.61 is the first level of support below 247.87 , and by rule, any test of support is a buy signal. In this case, support 235.61 would be being tested, so a buy signal would exist.
- Short RNR slightly under 259.24, target 235.61, stop loss @ 259.99 Details
The technical summary data is suggesting a short of RNR as it gets near 259.24 with a downside target of 235.61. We should have a stop loss in place at 259.99though. 259.24 is the first level of resistance above 247.87, and by rule, any test of resistance is a short signal. In this case, if resistance 259.24 is being tested, so a short signal would exist.
Swing Trading Plans for RNR
- Buy RNR slightly over 259.24, target 284.78, Stop Loss @ 258.49 Details
If 259.24 begins to break higher, the technical summary data tells us to buy RNR just slightly over 259.24, with an upside target of 284.78. The data also tells us to set a stop loss @ 258.49 in case the stock turns against the trade. 259.24 is the first level of resistance above 247.87, and by rule, any break above resistance is a buy signal. In this case, 259.24, 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 RNR slightly near 259.24, target 246.5, Stop Loss @ 259.99. Details
The technical summary data is suggesting a short of RNR if it tests 259.24 with a downside target of 246.5. We should have a stop loss in place at 259.99 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, 259.24, 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 RNR
- Buy RNR slightly over 259.24, target 284.78, Stop Loss @ 258.64 Details
If 259.24 begins to break higher, the technical summary data tells us to buy RNR just slightly over 259.24, with an upside target of 284.78. The data also tells us to set a stop loss @ 258.64 in case the stock turns against the trade. 259.24 is the first level of resistance above 247.87, and by rule, any break above resistance is a buy signal. In this case, 259.24, 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 RNR slightly near 259.24, target 246.5, Stop Loss @ 259.84. Details
The technical summary data is suggesting a short of RNR if it tests 259.24 with a downside target of 246.5. We should have a stop loss in place at 259.84 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, 259.24, 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 Renaissancere Holdings Ltd. (RNR) available here: RNR.
RNR Ratings for April 02:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
235.61 |
P2 |
240.76 |
239.17 |
259.24 |
P3 |
243.79 |
246.5 |
284.78 |
AI Generated Signals for RNR
Blue = Current Price
Red = Resistance
Green = Support
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