Neutral Sentiment Across All Horizons Supports Sideways Action -- See current SIGNALS for positioning and risk parameters.
Institutional Trading Strategies
Our AI models have generated three distinct trading strategies tailored to different risk profiles and holding periods. Each strategy incorporates sophisticated risk management parameters designed to optimize position sizing and minimize drawdown risk.
Position Trading StrategyLONG
Entry Zone
$119.12
Target
$123.62
Stop Loss
$118.78
Momentum Breakout StrategyBREAKOUT
Trigger
$122.61
Target
$123.08
Stop Loss
$122.27
Risk Hedging StrategySHORT
Entry Zone
$123.66
Target
$117.48
Stop Loss
$124.03
Multi-Timeframe Signal Analysis
Time Horizon
Signal Strength
Support Signal
Resistance Signal
Near-term (1-5 days)
Neutral
$122.61
$123.08
Mid-term (5-20 days)
Neutral
$122.36
$123.66
Long-term (20+ days)
Neutral
$119.12
$123.62
Technical Analysis
Longer Term Trading Plans for SPGP
Buy SPGP near 119.12 target 123.62 stop loss @ 118.78 Details
The technical summary data tells us to buy SPGP near 119.12 with an upside target of 123.62. This data also tells us to set a stop loss @ 118.78 to protect against excessive loss in case the stock begins to move against the trade. 119.12 is the first level of support below 122.53 , and by rule, any test of support is a buy signal. In this case, support 119.12 is being tested, a buy signal would exist.
Short SPGP slightly under 123.62, target 119.12, stop loss @ 123.98 Details
The technical summary data is suggesting a short of SPGP as it gets near 123.62 with a downside target of 119.12. We should have a stop loss in place at 123.98though. 123.62 is the first level of resistance above 122.53, and by rule, any test of resistance is a short signal. In this case, if resistance 123.62 is being tested, a short signal would exist.
Swing Trading Plans for SPGP
Buy SPGP slightly over 123.66, target n/a, Stop Loss @ 123.3 Details
If 123.66 begins to break higher, the technical summary data tells us to buy SPGP just over 123.66, with an upside target of n/a. The data also tells us to set a stop loss @ 123.3 in case the stock turns against the trade. 123.66 is the first level of resistance above 122.53, and by rule, any break above resistance is a buy signal. In this case, 123.66, 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 SPGP slightly near 123.66, target 122.36, Stop Loss @ 124.02. Details
The technical summary data is suggesting a short of SPGP if it tests 123.66 with a downside target of 122.36. We should have a stop loss in place at 124.02 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, 123.66, 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.
Day Trading Plans for SPGP
Buy SPGP slightly over 122.61, target 123.08, Stop Loss @ 122.32 Details
If 122.61 begins to break higher, the technical summary data tells us to buy SPGP just over 122.61, with an upside target of 123.08. The data also tells us to set a stop loss @ 122.32 in case the stock turns against the trade. 122.61 is the first level of resistance above 122.53, and by rule, any break above resistance is a buy signal. In this case, 122.61, 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 SPGP slightly near 122.61, target 122.36, Stop Loss @ 122.9. Details
The technical summary data is suggesting a short of SPGP if it tests 122.61 with a downside target of 122.36. We should have a stop loss in place at 122.9 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, 122.61, 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.
SPGP Technical Summary | Raw Data for the Trading Plans
All market data is provided by Barchart Solutions. Futures: at least 10 minute delayed. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice.
To see all exchange delays and terms of use, please see disclaimer.
