When the Price of First Industrial Realty Trust Inc. ($FR) Talks, People Listen
December 09, 2023, 06:30 am ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FR
- Buy FR slightly over 47.61 target 51.34 stop loss @ 47.47 Details
The technical summary data tells us to buy FR near 47.61 with an upside target of 51.34. This data also tells us to set a stop loss @ 47.47 to protect against excessive loss in case the stock begins to move against the trade. 47.61 is the first level of support below 49.46 , and by rule, any test of support is a buy signal. In this case, support 47.61 is being tested, a buy signal would exist.
- Short FR slightly under 51.34, target 47.61, stop loss @ 51.49 Details
The technical summary data is suggesting a short of FR as it gets near 51.34 with a downside target of 47.61. We should have a stop loss in place at 51.49though. 51.34 is the first level of resistance above 49.46, and by rule, any test of resistance is a short signal. In this case, if resistance 51.34 is being tested, a short signal would exist.
Swing Trading Plans for FR
- Buy FR slightly over 50.5, target 51.34, Stop Loss @ 50.35 Details
If 50.5 begins to break higher, the technical summary data tells us to buy FR just slightly over 50.5, with an upside target of 51.34. The data also tells us to set a stop loss @ 50.35 in case the stock turns against the trade. 50.5 is the first level of resistance above 49.46, and by rule, any break above resistance is a buy signal. In this case, 50.5, 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 FR slightly near 50.5, target 49.26, Stop Loss @ 50.65. Details
The technical summary data is suggesting a short of FR if it tests 50.5 with a downside target of 49.26. We should have a stop loss in place at 50.65 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, 50.5, 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 FR
- Buy FR slightly over 50.17, target 50.5, Stop Loss @ 50.05 Details
If 50.17 begins to break higher, the technical summary data tells us to buy FR just slightly over 50.17, with an upside target of 50.5. The data also tells us to set a stop loss @ 50.05 in case the stock turns against the trade. 50.17 is the first level of resistance above 49.46, and by rule, any break above resistance is a buy signal. In this case, 50.17, 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 FR slightly near 50.17, target 49.33, Stop Loss @ 50.29. Details
The technical summary data is suggesting a short of FR if it tests 50.17 with a downside target of 49.33. We should have a stop loss in place at 50.29 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, 50.17, 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 First Industrial Realty Trust Inc. (FR) available here: FR.
FR Ratings for December 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Neutral |
| P1 |
0 |
0 |
43.73 |
| P2 |
49.33 |
49.26 |
47.61 |
| P3 |
50.17 |
50.5 |
51.34 |
AI Generated Signals for FR
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 First Industrial Realty Trust Inc. (NYSE: FR) 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 FR 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 FR:
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