How the (SPGP) price action is used to our Advantage
March 02, 2025, 05:32 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPGP
- Buy SPGP near 104.04 target 108.28 stop loss @ 103.74 Details
The technical summary data tells us to buy SPGP near 104.04 with an upside target of 108.28. This data also tells us to set a stop loss @ 103.74 to protect against excessive loss in case the stock begins to move against the trade. 104.04 is the first level of support below 105.6 , and by rule, any test of support is a buy signal. In this case, support 104.04 would be being tested, so a buy signal would exist.
- Short SPGP slightly under 108.28, target 104.04, stop loss @ 108.59 Details
The technical summary data is suggesting a short of SPGP as it gets near 108.28 with a downside target of 104.04. We should have a stop loss in place at 108.59though. 108.28 is the first level of resistance above 105.6, and by rule, any test of resistance is a short signal. In this case, if resistance 108.28 is being tested, so a short signal would exist.
Swing Trading Plans for SPGP
- Buy SPGP slightly over 106.57, target 108.28, Stop Loss @ 106.26 Details
If 106.57 begins to break higher, the technical summary data tells us to buy SPGP just slightly over 106.57, with an upside target of 108.28. The data also tells us to set a stop loss @ 106.26 in case the stock turns against the trade. 106.57 is the first level of resistance above 105.6, and by rule, any break above resistance is a buy signal. In this case, 106.57, 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 SPGP slightly near 106.57, target 104.34, Stop Loss @ 106.88. Details
The technical summary data is suggesting a short of SPGP if it tests 106.57 with a downside target of 104.34. We should have a stop loss in place at 106.88 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, 106.57, 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 SPGP
- Buy SPGP slightly over 106.57, target 108.28, Stop Loss @ 106.32 Details
If 106.57 begins to break higher, the technical summary data tells us to buy SPGP just slightly over 106.57, with an upside target of 108.28. The data also tells us to set a stop loss @ 106.32 in case the stock turns against the trade. 106.57 is the first level of resistance above 105.6, and by rule, any break above resistance is a buy signal. In this case, 106.57, 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 SPGP slightly near 106.57, target 105.34, Stop Loss @ 106.82. Details
The technical summary data is suggesting a short of SPGP if it tests 106.57 with a downside target of 105.34. We should have a stop loss in place at 106.82 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, 106.57, 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 S&p 500 Garp Etf (SPGP) available here: SPGP.
SPGP Ratings for March 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
104.04 |
| P2 |
104.21 |
104.34 |
108.28 |
| P3 |
105.34 |
106.57 |
112.09 |
AI Generated Signals for SPGP
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Invesco S&p 500 Garp Etf (NASDAQ: SPGP) data table below can help you with price action, and we have more details too. Trading plans for SPGP are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SPGP:
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