When the Price of (PRN) Talks, People Listen
March 12, 2025, 06:34 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PRN
- NONE. Details
There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.
- Short PRN slightly under 148.79, target n/a, stop loss @ 149.22 Details
The technical summary data is suggesting a short of PRN as it gets near 148.79, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 149.22. 148.79 is the first level of resistance above 136.16, and by rule, any test of resistance is a short signal. In this case, if resistance 148.79 is being tested, so a short signal would exist.
Swing Trading Plans for PRN
- Buy PRN slightly over 138.92, target 148.79, Stop Loss @ 138.52 Details
If 138.92 begins to break higher, the technical summary data tells us to buy PRN just slightly over 138.92, with an upside target of 148.79. The data also tells us to set a stop loss @ 138.52 in case the stock turns against the trade. 138.92 is the first level of resistance above 136.16, and by rule, any break above resistance is a buy signal. In this case, 138.92, 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 PRN slightly near 138.92, target 132.79, Stop Loss @ 139.32. Details
The technical summary data is suggesting a short of PRN if it tests 138.92 with a downside target of 132.79. We should have a stop loss in place at 139.32 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, 138.92, 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 PRN
- Buy PRN slightly over 138.92, target 148.79, Stop Loss @ 138.6 Details
If 138.92 begins to break higher, the technical summary data tells us to buy PRN just slightly over 138.92, with an upside target of 148.79. The data also tells us to set a stop loss @ 138.6 in case the stock turns against the trade. 138.92 is the first level of resistance above 136.16, and by rule, any break above resistance is a buy signal. In this case, 138.92, 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 PRN slightly near 138.92, target 135.69, Stop Loss @ 139.24. Details
The technical summary data is suggesting a short of PRN if it tests 138.92 with a downside target of 135.69. We should have a stop loss in place at 139.24 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, 138.92, 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 Invesco Dwa Industrials Momentum Etf (PRN) available here: PRN.
PRN Ratings for March 12:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Weak |
Strong |
P1 |
0 |
0 |
148.79 |
P2 |
132.34 |
132.79 |
162.4 |
P3 |
135.69 |
138.92 |
175.95 |
AI Generated Signals for PRN
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 Invesco Dwa Industrials Momentum Etf (NYSE: PRN) 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 PRN 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 PRN: