When the Price of Mdu Resources Group $MDU Talks, People Listen
October 18, 2023, 00:45 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for MDU
- Buy MDU slightly over 16.93 target 20.02 stop loss @ 16.88 Details
The technical summary data tells us to buy MDU near 16.93 with an upside target of 20.02. This data also tells us to set a stop loss @ 16.88 to protect against excessive loss in case the stock begins to move against the trade. 16.93 is the first level of support below 19.56 , and by rule, any test of support is a buy signal. In this case, support 16.93 would be being tested, so a buy signal would exist.
- Short MDU slightly under 20.02, target 16.93, stop loss @ 20.08 Details
The technical summary data is suggesting a short of MDU as it gets near 20.02 with a downside target of 16.93. We should have a stop loss in place at 20.08though. 20.02 is the first level of resistance above 19.56, and by rule, any test of resistance is a short signal. In this case, if resistance 20.02 is being tested, so a short signal would exist.
Swing Trading Plans for MDU
- Buy MDU slightly over 19.61, target 20.02, Stop Loss @ 19.55 Details
If 19.61 begins to break higher, the technical summary data tells us to buy MDU just slightly over 19.61, with an upside target of 20.02. The data also tells us to set a stop loss @ 19.55 in case the stock turns against the trade. 19.61 is the first level of resistance above 19.56, and by rule, any break above resistance is a buy signal. In this case, 19.61, 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 MDU slightly near 19.61, target 18.92, Stop Loss @ 19.67. Details
The technical summary data is suggesting a short of MDU if it tests 19.61 with a downside target of 18.92. We should have a stop loss in place at 19.67 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, 19.61, 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 MDU
- Buy MDU slightly over 19.61, target 20.02, Stop Loss @ 19.56 Details
If 19.61 begins to break higher, the technical summary data tells us to buy MDU just slightly over 19.61, with an upside target of 20.02. The data also tells us to set a stop loss @ 19.56 in case the stock turns against the trade. 19.61 is the first level of resistance above 19.56, and by rule, any break above resistance is a buy signal. In this case, 19.61, 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 MDU slightly near 19.61, target 19.13, Stop Loss @ 19.66. Details
The technical summary data is suggesting a short of MDU if it tests 19.61 with a downside target of 19.13. We should have a stop loss in place at 19.66 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, 19.61, 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 Mdu Resources Group (MDU) available here: MDU.
MDU Ratings for October 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Weak |
| P1 |
0 |
0 |
16.93 |
| P2 |
19.13 |
18.92 |
20.02 |
| P3 |
19.52 |
19.61 |
23.10 |
AI Generated Signals for MDU
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 Mdu Resources Group (NYSE: MDU) 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 MDU 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 MDU:
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