When the Price of Raymond James Financial $RJF Talks, People Listen
September 30, 2023, 12:30 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for RJF
- Buy RJF slightly over 98.23 target 109.12 stop loss @ 97.95 Details
The technical summary data tells us to buy RJF near 98.23 with an upside target of 109.12. This data also tells us to set a stop loss @ 97.95 to protect against excessive loss in case the stock begins to move against the trade. 98.23 is the first level of support below 100.43 , and by rule, any test of support is a buy signal. In this case, support 98.23 is being tested, a buy signal would exist.
- Short RJF slightly under 109.12, target 98.23, stop loss @ 109.44 Details
The technical summary data is suggesting a short of RJF as it gets near 109.12 with a downside target of 98.23. We should have a stop loss in place at 109.44though. 109.12 is the first level of resistance above 100.43, and by rule, any test of resistance is a short signal. In this case, if resistance 109.12 is being tested, a short signal would exist.
Swing Trading Plans for RJF
- Buy RJF slightly over 101.46, target 109.12, Stop Loss @ 101.17 Details
If 101.46 begins to break higher, the technical summary data tells us to buy RJF just slightly over 101.46, with an upside target of 109.12. The data also tells us to set a stop loss @ 101.17 in case the stock turns against the trade. 101.46 is the first level of resistance above 100.43, and by rule, any break above resistance is a buy signal. In this case, 101.46, 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 RJF slightly near 101.46, target 98.23, Stop Loss @ 101.75. Details
The technical summary data is suggesting a short of RJF if it tests 101.46 with a downside target of 98.23. We should have a stop loss in place at 101.75 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, 101.46, 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 RJF
- Buy RJF slightly over 100.50, target 101.46, Stop Loss @ 100.27 Details
If 100.50 begins to break higher, the technical summary data tells us to buy RJF just slightly over 100.50, with an upside target of 101.46. The data also tells us to set a stop loss @ 100.27 in case the stock turns against the trade. 100.50 is the first level of resistance above 100.43, and by rule, any break above resistance is a buy signal. In this case, 100.50, 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 RJF slightly near 100.50, target 99.16, Stop Loss @ 100.73. Details
The technical summary data is suggesting a short of RJF if it tests 100.50 with a downside target of 99.16. We should have a stop loss in place at 100.73 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, 100.50, 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 Raymond James Financial (RJF) available here: RJF.
RJF Ratings for September 30:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Neutral |
| P1 |
0 |
0 |
86.90 |
| P2 |
99.16 |
97.90 |
98.23 |
| P3 |
100.50 |
101.46 |
109.12 |
AI Generated Signals for RJF
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 Raymond James Financial (NYSE: RJF) 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 RJF 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 RJF:
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