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Heritage Insurance Holdings In (HRTG) trading report

By on September 30, 2021 0


Source: Daily Stock Exchange Traders

Longer term trading plans for HRTG
  • Buy HRTG on 6.42 target 7.52 stop loss @ 6.4 Details
  • Summary technical data tells us to buy HRTG near 6.42 with a bullish target of 7.52. This data also tells us to set a stop loss @ 6.4 to protect against an excessive loss in case the stock starts moving against the trade. 6.42 is the first level of support below 6.77, and by rule, any test of support is a buy signal. In this case, 6.42 support would be tested, so a buy signal would exist.

  • Short HRTG under 7.52, target 6.42, stop loss @ 7.54 Details
  • Technical summary data suggests a short sell of HRTG as it approaches 7.52 with a bearish target of 6.42. We should have a stop loss in place at 7.54 though. 7.52 is the first resistance level above 6.77, and by rule, any resistance test is a short signal. In this case, if resistor 7.52 is tested, a short signal would exist.

Swing Trading Plans for HRTG
  • Buy HRTG Above 6.79, Target 7.52, Stop Loss @ 6.77 Details
  • If 6.79 starts to break higher, technical summary data tells us to buy HRTG just above 6.79, with a bullish target of 7.52. The data also tells us to set a stop loss @ 6.77 in case the stock turns against the trade. 6.79 is the first resistance level above 6.77, and by rule, any breakout above resistance is a buy signal. In this case 6.79 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short HRTG near 6.79, target 6.42, Stop Loss @ 6.81. Details
  • Technical summary data suggests a short sale of HRTG if it tests 6.79 with a bearish target of 6.42. We should have a stop loss in place at 6.81 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 6.79, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for HRTG
  • Buy HRTG Above 6.79, Target 7.18, Stop Loss @ 6.77 Details
  • If 6.79 starts to break higher, technical summary data tells us to buy HRTG just above 6.79, with a bullish target of 7.18. The data also tells us to set a stop loss @ 6.77 in case the stock turns against the trade. 6.79 is the first resistance level above 6.77, and by rule, any breakout above resistance is a buy signal. In this case 6.79 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short HRTG near 6.79, target 6.42, Stop Loss @ 6.81. Details
  • Technical summary data suggests a short sale of HRTG if it tests 6.79 with a downside target of 6.42. We should have a stop loss in place at 6.81 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 6.79, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

HRTG Technical Summary | Raw data for trading plans

Term → Near Environment Long
Bias Strong Neutral Weak
P1 0 0 6.42
P2 6.73 6.79 7.52
P3 7.18 7.47 8.63


HRTG Swing Trading Analysis as of September 30, 2021


HRTG Day Trading Analysis for September 30, 2021

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most timely trading strategies for individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The objective of this specific report is to optimize exchanges by Heritage Assurance Holdings in (NASDAQ: HRTG) while incorporating prudent risk controls.

Warning:

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

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if HRTG is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for HRTG as well. All these elements are proposed under the summary table.

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Fundamental Charts for HRTG


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