When the Price of (STZ) Talks, People Listen

January 27, 2024, 06:56 am ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for STZ

• Buy STZ slightly over 236.08 target 253.38 stop loss @ 235.4 Details

The technical summary data tells us to buy STZ near 236.08 with an upside target of 253.38. This data also tells us to set a stop loss @ 235.4 to protect against excessive loss in case the stock begins to move against the trade. 236.08 is the first level of support below 249.5 , and by rule, any test of support is a buy signal. In this case, support 236.08 would be being tested, so a buy signal would exist.

• Short STZ slightly under 253.38, target 236.08, stop loss @ 254.11 Details

The technical summary data is suggesting a short of STZ as it gets near 253.38 with a downside target of 236.08. We should have a stop loss in place at 254.11though. 253.38 is the first level of resistance above 249.5, and by rule, any test of resistance is a short signal. In this case, if resistance 253.38 is being tested, so a short signal would exist.

Swing Trading Plans for STZ

• Buy STZ slightly over 253.38, target 270.17, Stop Loss @ 252.65 Details

If 253.38 begins to break higher, the technical summary data tells us to buy STZ just slightly over 253.38, with an upside target of 270.17. The data also tells us to set a stop loss @ 252.65 in case the stock turns against the trade. 253.38 is the first level of resistance above 249.5, and by rule, any break above resistance is a buy signal. In this case, 253.38, 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 253.38, target 248.36, Stop Loss @ 254.11. Details

The technical summary data is suggesting a short of STZ if it tests 253.38 with a downside target of 248.36. We should have a stop loss in place at 254.11 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, 253.38, 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 249.66, target 253.38, Stop Loss @ 249.08 Details

If 249.66 begins to break higher, the technical summary data tells us to buy STZ just slightly over 249.66, with an upside target of 253.38. The data also tells us to set a stop loss @ 249.08 in case the stock turns against the trade. 249.66 is the first level of resistance above 249.5, and by rule, any break above resistance is a buy signal. In this case, 249.66, 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 249.66, target 248.36, Stop Loss @ 250.24. Details

The technical summary data is suggesting a short of STZ if it tests 249.66 with a downside target of 248.36. We should have a stop loss in place at 250.24 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, 249.66, 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 Inc. (STZ) available here: STZ.

STZ Ratings for January 27:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	236.08
P2	247.71	248.36	253.38
P3	249.66	253.22	270.17

AI Generated Signals for STZ

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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 Inc. (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.