Long term trading analysis for (HEDJ)

December 4, 2024, 3:44 am ET, BY Tom S. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for HEDJ

• Buy HEDJ near 42.27 and target a stop loss of 44.61 at 42.15 Details

The technical summary data tells us to buy HEDJ at around 42.27 with an upside target of 44.61. This data also tells us to set a stop loss at 42.15 to protect ourselves from excessive losses in case the stock starts moving against the trade. 42.27 is the first level of support below 44.13 and basically any test of support is a buy signal. In this case the support 42.27 would be tested, so a buy signal would be present.

• Short HEDJ just below 44.61, target 42.27, stop loss at 44.74 Details

The summary technicals suggest a short HEDJ as it approaches the 44.61 level and the downside target is at 42.27. However, we should have a stop loss at 44.74. 44.61 is the first resistance level above 44.13, and basically any test of resistance is a short signal. In this case, if the resistance 44.61 is tested, a short signal is present.

Swing trading plans for HEDJ

• Buy HEDJ just above 44.61, target 46.98, stop loss at 44.48 Details

If 44.61 starts to break higher, the technical summary data tells us to buy HEDJ just above 44.61 with an upside target of 46.98. The data also tells us to set a stop loss at 44.48 in case the stock turns against the trade. 44.61 is the first resistance level above 44.13 and basically any break above resistance is a buy signal. In this case, 44.61, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short HEDJ slightly near 44.61, target 43.95, stop loss at 44.74. Details

Technical summary data suggests HEDJ should be short if it tests 44.61, with a downside target of 43.95. However, we should have a stop loss at 44.74 in case the stock starts moving against the trade. Basically, every resistance test is a short signal. In this case, if the resistance 44.61 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Daily trading plans for HEDJ

• Buy HEDJ just above 44.24, target 44.61, stop loss at 44.14 Details

If 44.24 starts to break higher, the technical summary data tells us to buy HEDJ just above 44.24 with an upside target of 44.61. The data also tells us to set a stop loss at 44.14 in case the stock turns against the trade. 44.24 is the first resistance level above 44.13, and basically any break above resistance is a buy signal. In this case, 44.24, the initial resistance, would break to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short HEDJ slightly near 44.24, target 43.95, stop loss at 44.34. Details

Technical summary data suggests short HEDJ if it tests 44.24, with a downside target of 43.95. However, we should have a stop loss at 44.34 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 44.24 is tested, there would be a short signal. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Wisdomtree Europe Hedged Equity Fund (HEDJ) available here: HEDJ.

HEDJ ratings for December 4th:

AI generated signals for HEDJ

Real-time updates for repeat institutional readers:

Instructions:

• Click the “Get Real-Time Updates” button below.

• At the login prompt, select “Forgot Username.”

• Enter the email address you use for Factset

• Use the user/pass you receive to log in

• You have access to real-time updates 24/7.

From then on, you can just click to get the real-time update whenever you want.

GET REAL-TIME UPDATES

This report was generated using AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to help identify the most advantageous trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The aim of this particular report is to optimize trading Wisdomtree Europe Hedged Equity Fund (NASDAQ: HEDJ) incorporating prudent risk controls.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for HEDJ 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 market crash protection with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when HEDJ tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for HEDJ. All of this is offered below the overview table.