Technical Analysis

Longer Term Trading Plans for FIVE

• 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 FIVE slightly under 208.23, target n/a, stop loss @ 208.83 Details

The technical summary data is suggesting a short of FIVE as it gets near 208.23, 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 208.83. 208.23 is the first level of resistance above 186.59, and by rule, any test of resistance is a short signal. In this case, if resistance 208.23 is being tested, so a short signal would exist.

Swing Trading Plans for FIVE

• Buy FIVE slightly over 193.25, target 208.23, Stop Loss @ 192.69 Details

If 193.25 begins to break higher, the technical summary data tells us to buy FIVE just over 193.25, with an upside target of 208.23. The data also tells us to set a stop loss @ 192.69 in case the stock turns against the trade. 193.25 is the first level of resistance above 186.59, and by rule, any break above resistance is a buy signal. In this case, 193.25, 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 FIVE slightly near 193.25, target 185.52, Stop Loss @ 193.81. Details

The technical summary data is suggesting a short of FIVE if it tests 193.25 with a downside target of 185.52. We should have a stop loss in place at 193.81 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, 193.25, 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 FIVE

• Buy FIVE slightly over 189.22, target 193.25, Stop Loss @ 188.78 Details

If 189.22 begins to break higher, the technical summary data tells us to buy FIVE just over 189.22, with an upside target of 193.25. The data also tells us to set a stop loss @ 188.78 in case the stock turns against the trade. 189.22 is the first level of resistance above 186.59, and by rule, any break above resistance is a buy signal. In this case, 189.22, 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 FIVE slightly near 189.22, target 185.55, Stop Loss @ 189.66. Details

The technical summary data is suggesting a short of FIVE if it tests 189.22 with a downside target of 185.55. We should have a stop loss in place at 189.66 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, 189.22, 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.

FIVE Technical Summary | Raw Data for the Trading Plans