When the Price of (UCRD) Talks, People Listen
August 20, 2024, 14:30 pm ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for UCRD
- Buy UCRD slightly over 21.34 target 21.79 stop loss @ 21.28 Details
The technical summary data tells us to buy UCRD near 21.34 with an upside target of 21.79. This data also tells us to set a stop loss @ 21.28 to protect against excessive loss in case the stock begins to move against the trade. 21.34 is the first level of support below 21.6 , and by rule, any test of support is a buy signal. In this case, support 21.34 is being tested, a buy signal would exist.
- Short UCRD slightly under 21.79, target 21.34, stop loss @ 21.85 Details
The technical summary data is suggesting a short of UCRD as it gets near 21.79 with a downside target of 21.34. We should have a stop loss in place at 21.85though. 21.79 is the first level of resistance above 21.6, and by rule, any test of resistance is a short signal. In this case, if resistance 21.79 is being tested, a short signal would exist.
Swing Trading Plans for UCRD
- Buy UCRD slightly over 21.79, target n/a, Stop Loss @ 21.73 Details
If 21.79 begins to break higher, the technical summary data tells us to buy UCRD just slightly over 21.79, with an upside target of n/a. The data also tells us to set a stop loss @ 21.73 in case the stock turns against the trade. 21.79 is the first level of resistance above 21.6, and by rule, any break above resistance is a buy signal. In this case, 21.79, 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 UCRD slightly near 21.79, target 21.5, Stop Loss @ 21.85. Details
The technical summary data is suggesting a short of UCRD if it tests 21.79 with a downside target of 21.5. We should have a stop loss in place at 21.85 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, 21.79, 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 UCRD
- Buy UCRD slightly over 21.79, target n/a, Stop Loss @ 21.74 Details
If 21.79 begins to break higher, the technical summary data tells us to buy UCRD just slightly over 21.79, with an upside target of n/a. The data also tells us to set a stop loss @ 21.74 in case the stock turns against the trade. 21.79 is the first level of resistance above 21.6, and by rule, any break above resistance is a buy signal. In this case, 21.79, 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 UCRD slightly near 21.79, target 20.86, Stop Loss @ 21.84. Details
The technical summary data is suggesting a short of UCRD if it tests 21.79 with a downside target of 20.86. We should have a stop loss in place at 21.84 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, 21.79, 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 Victoryshares Corporate Bond Etf (UCRD) available here: UCRD.
UCRD Ratings for August 20:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Neutral |
P1 |
0 |
0 |
20.86 |
P2 |
21.59 |
21.5 |
21.34 |
P3 |
0 |
21.72 |
21.79 |
AI Generated Signals for UCRD
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 Victoryshares Corporate Bond Etf (NASDAQ: UCRD) 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 UCRD 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 UCRD: