Technical Analysis

Longer Term Trading Plans for RGLD

• 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 RGLD slightly under 227.04, target n/a, stop loss @ 227.7 Details

The technical summary data is suggesting a short of RGLD as it gets near 227.04, 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 227.7. 227.04 is the first level of resistance above 222.75, and by rule, any test of resistance is a short signal. In this case, if resistance 227.04 is being tested, so a short signal would exist.

Swing Trading Plans for RGLD

• Buy RGLD slightly over 227.04, target 263.63, Stop Loss @ 226.38 Details

If 227.04 begins to break higher, the technical summary data tells us to buy RGLD just over 227.04, with an upside target of 263.63. The data also tells us to set a stop loss @ 226.38 in case the stock turns against the trade. 227.04 is the first level of resistance above 222.75, and by rule, any break above resistance is a buy signal. In this case, 227.04, 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 RGLD slightly near 227.04, target 214.9, Stop Loss @ 227.7. Details

The technical summary data is suggesting a short of RGLD if it tests 227.04 with a downside target of 214.9. We should have a stop loss in place at 227.7 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, 227.04, 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 RGLD

• Buy RGLD slightly over 224.45, target 227.04, Stop Loss @ 223.93 Details

If 224.45 begins to break higher, the technical summary data tells us to buy RGLD just over 224.45, with an upside target of 227.04. The data also tells us to set a stop loss @ 223.93 in case the stock turns against the trade. 224.45 is the first level of resistance above 222.75, and by rule, any break above resistance is a buy signal. In this case, 224.45, 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 RGLD slightly near 224.45, target 218.33, Stop Loss @ 224.97. Details

The technical summary data is suggesting a short of RGLD if it tests 224.45 with a downside target of 218.33. We should have a stop loss in place at 224.97 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, 224.45, 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.

RGLD Technical Summary | Raw Data for the Trading Plans