Technical Analysis

Longer Term Trading Plans for XES

• 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 XES slightly under 114.33, target n/a, stop loss @ 114.66 Details

The technical summary data is suggesting a short of XES as it gets near 114.33, 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 114.66. 114.33 is the first level of resistance above 110.78, and by rule, any test of resistance is a short signal. In this case, if resistance 114.33 is being tested, so a short signal would exist.

Swing Trading Plans for XES

• Buy XES slightly over 112.06, target 114.33, Stop Loss @ 111.74 Details

If 112.06 begins to break higher, the technical summary data tells us to buy XES just over 112.06, with an upside target of 114.33. The data also tells us to set a stop loss @ 111.74 in case the stock turns against the trade. 112.06 is the first level of resistance above 110.78, and by rule, any break above resistance is a buy signal. In this case, 112.06, 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 XES slightly near 112.06, target 108.03, Stop Loss @ 112.38. Details

The technical summary data is suggesting a short of XES if it tests 112.06 with a downside target of 108.03. We should have a stop loss in place at 112.38 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, 112.06, 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 XES

• Buy XES slightly over 111.09, target 112.06, Stop Loss @ 110.83 Details

If 111.09 begins to break higher, the technical summary data tells us to buy XES just over 111.09, with an upside target of 112.06. The data also tells us to set a stop loss @ 110.83 in case the stock turns against the trade. 111.09 is the first level of resistance above 110.78, and by rule, any break above resistance is a buy signal. In this case, 111.09, 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 XES slightly near 111.09, target 108.68, Stop Loss @ 111.35. Details

The technical summary data is suggesting a short of XES if it tests 111.09 with a downside target of 108.68. We should have a stop loss in place at 111.35 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, 111.09, 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.

XES Technical Summary | Raw Data for the Trading Plans