Ishares Core S&p Mid-cap Etf IJH Investment Analysis and Advice

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Source: Stock Traders Daily

Longer Term Trading Plans for IJH
  • Buy IJH over 228.62 target 246.67 stop loss @ 227.96 Details
  • The technical summary data tells us to buy IJH near 228.62 with an upside target of 246.67. This data also tells us to set a stop loss @ 227.96 to protect against excessive loss in case the stock begins to move against the trade. 228.62 is the first level of support below 236.87 , and by rule, any test of support is a buy signal. In this case, support 228.62 would be being tested, so a buy signal would exist.

  • Short IJH under 246.67, target 228.62, stop loss @ 247.38 Details
  • The technical summary data is suggesting a short of IJH as it gets near 246.67 with a downside target of 228.62. We should have a stop loss in place at 247.38though. 246.67 is the first level of resistance above 236.87, and by rule, any test of resistance is a short signal. In this case, if resistance 246.67 is being tested, so a short signal would exist.

Swing Trading Plans for IJH
  • Buy IJH over 246.67, target 264.41, Stop Loss @ 245.96 Details
  • If 246.67 begins to break higher, the technical summary data tells us to buy IJH just over 246.67, with an upside target of 264.41. The data also tells us to set a stop loss @ 245.96 in case the stock turns against the trade. 246.67 is the first level of resistance above 236.87, and by rule, any break above resistance is a buy signal. In this case, 246.67, 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 IJH near 246.67, target 234.29, Stop Loss @ 247.38. Details
  • The technical summary data is suggesting a short of IJH if it tests 246.67 with a downside target of 234.29. We should have a stop loss in place at 247.38 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, 246.67, 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 IJH
  • Buy IJH over 237.34, target 246.67, Stop Loss @ 236.79 Details
  • If 237.34 begins to break higher, the technical summary data tells us to buy IJH just over 237.34, with an upside target of 246.67. The data also tells us to set a stop loss @ 236.79 in case the stock turns against the trade. 237.34 is the first level of resistance above 236.87, and by rule, any break above resistance is a buy signal. In this case, 237.34, 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 IJH near 237.34, target 234.29, Stop Loss @ 237.89. Details
  • The technical summary data is suggesting a short of IJH if it tests 237.34 with a downside target of 234.29. We should have a stop loss in place at 237.89 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, 237.34, 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.

IJH Ratings for July 20:

Term → Near Mid Long
Rating Strong Neutral Weak
P1 0 0 228.62
P2 231.57 228.06 246.67
P3 237.34 234.29 264.41

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Prudent Investment Analysis requires observations of the support and resistance levels for Ishares Core S&p Mid-cap Etf (NYSE: IJH) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for IJH change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if IJH is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

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Fundamental Charts for IJH: