January 06, 2025, 20:40 pm ET, BY Tyler - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RBC
- Buy RBC near 290.65 target 312.07 stop loss @ 289.81 Details
The technical summary data tells us to buy RBC near 290.65 with an upside target of 312.07. This data also tells us to set a stop loss @ 289.81 to protect against excessive loss in case the stock begins to move against the trade. 290.65 is the first level of support below 300.32 , and by rule, any test of support is a buy signal. In this case, support 290.65 would be being tested, so a buy signal would exist.
- Short RBC slightly under 312.07, target 290.65, stop loss @ 312.97 Details
The technical summary data is suggesting a short of RBC as it gets near 312.07 with a downside target of 290.65. We should have a stop loss in place at 312.97though. 312.07 is the first level of resistance above 300.32, and by rule, any test of resistance is a short signal. In this case, if resistance 312.07 is being tested, so a short signal would exist.
Swing Trading Plans for RBC
- Buy RBC slightly over 312.07, target 334.03, Stop Loss @ 311.17 Details
If 312.07 begins to break higher, the technical summary data tells us to buy RBC just slightly over 312.07, with an upside target of 334.03. The data also tells us to set a stop loss @ 311.17 in case the stock turns against the trade. 312.07 is the first level of resistance above 300.32, and by rule, any break above resistance is a buy signal. In this case, 312.07, 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 RBC slightly near 312.07, target 299.79, Stop Loss @ 312.97. Details
The technical summary data is suggesting a short of RBC if it tests 312.07 with a downside target of 299.79. We should have a stop loss in place at 312.97 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, 312.07, 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 RBC
- Buy RBC slightly over 301.24, target 304.56, Stop Loss @ 300.54 Details
If 301.24 begins to break higher, the technical summary data tells us to buy RBC just slightly over 301.24, with an upside target of 304.56. The data also tells us to set a stop loss @ 300.54 in case the stock turns against the trade. 301.24 is the first level of resistance above 300.32, and by rule, any break above resistance is a buy signal. In this case, 301.24, 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 RBC slightly near 301.24, target 299.79, Stop Loss @ 301.94. Details
The technical summary data is suggesting a short of RBC if it tests 301.24 with a downside target of 299.79. We should have a stop loss in place at 301.94 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, 301.24, 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 Rbc Bearings Incorporated (RBC) available here: RBC.
RBC Ratings for January 06:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Weak |
Strong |
P1 |
0 |
0 |
290.65 |
P2 |
301.24 |
289.59 |
312.07 |
P3 |
304.56 |
299.79 |
334.03 |
AI Generated Signals for RBC
Blue = Current Price
Red = Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:
Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
Fundamental Charts for RBC: