Technical Analysis

Longer Term Trading Plans for VRT

• 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 VRT slightly under 256.96, target n/a, stop loss @ 257.7 Details

The technical summary data is suggesting a short of VRT as it gets near 256.96, 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 257.7. 256.96 is the first level of resistance above 252.18, and by rule, any test of resistance is a short signal. In this case, if resistance 256.96 is being tested, so a short signal would exist.

Swing Trading Plans for VRT

• Buy VRT slightly over 253.02, target 256.96, Stop Loss @ 252.29 Details

If 253.02 begins to break higher, the technical summary data tells us to buy VRT just over 253.02, with an upside target of 256.96. The data also tells us to set a stop loss @ 252.29 in case the stock turns against the trade. 253.02 is the first level of resistance above 252.18, and by rule, any break above resistance is a buy signal. In this case, 253.02, 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 VRT slightly near 253.02, target 242.61, Stop Loss @ 253.75. Details

The technical summary data is suggesting a short of VRT if it tests 253.02 with a downside target of 242.61. We should have a stop loss in place at 253.75 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, 253.02, 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 VRT

• Buy VRT slightly over 252.66, target 253.02, Stop Loss @ 252.07 Details

If 252.66 begins to break higher, the technical summary data tells us to buy VRT just over 252.66, with an upside target of 253.02. The data also tells us to set a stop loss @ 252.07 in case the stock turns against the trade. 252.66 is the first level of resistance above 252.18, and by rule, any break above resistance is a buy signal. In this case, 252.66, 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 VRT slightly near 252.66, target 244.81, Stop Loss @ 253.25. Details

The technical summary data is suggesting a short of VRT if it tests 252.66 with a downside target of 244.81. We should have a stop loss in place at 253.25 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, 252.66, 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.

VRT Technical Summary | Raw Data for the Trading Plans