When the Price of Constellation Brands $STZ Talks, People Listen
May 18, 2023, 22:30 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for STZ
- Buy STZ slightly over 220.68 target 238.21 stop loss @ 220.04 Details
The technical summary data tells us to buy STZ near 220.68 with an upside target of 238.21. This data also tells us to set a stop loss @ 220.04 to protect against excessive loss in case the stock begins to move against the trade. 220.68 is the first level of support below 232.15 , and by rule, any test of support is a buy signal. In this case, support 220.68 would be being tested, so a buy signal would exist.
- Short STZ slightly under 238.21, target 220.68, stop loss @ 238.9 Details
The technical summary data is suggesting a short of STZ as it gets near 238.21 with a downside target of 220.68. We should have a stop loss in place at 238.9though. 238.21 is the first level of resistance above 232.15, and by rule, any test of resistance is a short signal. In this case, if resistance 238.21 is being tested, so a short signal would exist.
Swing Trading Plans for STZ
- Buy STZ slightly over 238.21, target 255.41, Stop Loss @ 237.52 Details
If 238.21 begins to break higher, the technical summary data tells us to buy STZ just slightly over 238.21, with an upside target of 255.41. The data also tells us to set a stop loss @ 237.52 in case the stock turns against the trade. 238.21 is the first level of resistance above 232.15, and by rule, any break above resistance is a buy signal. In this case, 238.21, 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 STZ slightly near 238.21, target 231.76, Stop Loss @ 238.9. Details
The technical summary data is suggesting a short of STZ if it tests 238.21 with a downside target of 231.76. We should have a stop loss in place at 238.9 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, 238.21, 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 STZ
- Buy STZ slightly over 232.76, target 238.21, Stop Loss @ 232.22 Details
If 232.76 begins to break higher, the technical summary data tells us to buy STZ just slightly over 232.76, with an upside target of 238.21. The data also tells us to set a stop loss @ 232.22 in case the stock turns against the trade. 232.76 is the first level of resistance above 232.15, and by rule, any break above resistance is a buy signal. In this case, 232.76, 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 STZ slightly near 232.76, target 231.76, Stop Loss @ 233.3. Details
The technical summary data is suggesting a short of STZ if it tests 232.76 with a downside target of 231.76. We should have a stop loss in place at 233.3 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, 232.76, 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 Constellation Brands (STZ) available here: STZ.
STZ Ratings for May 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Neutral |
Neutral |
| P1 |
0 |
0 |
220.68 |
| P2 |
230.10 |
226.37 |
238.21 |
| P3 |
232.76 |
231.76 |
255.41 |
AI Generated Signals for STZ
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Constellation Brands (NYSE: STZ) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for STZ can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for STZ:
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