Technical Analysis

Longer Term Trading Plans for HWM

• 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 HWM slightly under 253.14, target n/a, stop loss @ 253.87 Details

The technical summary data is suggesting a short of HWM as it gets near 253.14, 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 253.87. 253.14 is the first level of resistance above 227.37, and by rule, any test of resistance is a short signal. In this case, if resistance 253.14 is being tested, so a short signal would exist.

Swing Trading Plans for HWM

• Buy HWM slightly over 253.14, target 278.41, Stop Loss @ 252.41 Details

If 253.14 begins to break higher, the technical summary data tells us to buy HWM just over 253.14, with an upside target of 278.41. The data also tells us to set a stop loss @ 252.41 in case the stock turns against the trade. 253.14 is the first level of resistance above 227.37, and by rule, any break above resistance is a buy signal. In this case, 253.14, 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 HWM slightly near 253.14, target 226.33, Stop Loss @ 253.87. Details

The technical summary data is suggesting a short of HWM if it tests 253.14 with a downside target of 226.33. We should have a stop loss in place at 253.87 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, 253.14, 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 HWM

• Buy HWM slightly over 229.56, target 253.14, Stop Loss @ 229.02 Details

If 229.56 begins to break higher, the technical summary data tells us to buy HWM just over 229.56, with an upside target of 253.14. The data also tells us to set a stop loss @ 229.02 in case the stock turns against the trade. 229.56 is the first level of resistance above 227.37, and by rule, any break above resistance is a buy signal. In this case, 229.56, 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 HWM slightly near 229.56, target 226.46, Stop Loss @ 230.1. Details

The technical summary data is suggesting a short of HWM if it tests 229.56 with a downside target of 226.46. We should have a stop loss in place at 230.1 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, 229.56, 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.

HWM Technical Summary | Raw Data for the Trading Plans