Long Term Trading Analysis for (HIFS)

December 4, 2024, 4:30am ET, BY Simon M. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for HIFS

• Buy HIFS near 260.32 and target a stop loss of 295.28 at 259.57 Details

Technical summary data tells us to buy HIFS near 260.32 with an upside target of 295.28. This data also tells us to set a stop loss at 259.57 to protect ourselves from excessive losses in case the stock starts moving against the trade. 260.32 is the first level of support below 279 and basically any test of support is a buy signal. In this case the support 260.32 is tested, a buy signal would be present.

• Short HIFS just below 295.28, target 260.32, stop loss at 296.13 Details

The technical summary data suggests a short value for HIFS as it approaches the 295.28 level and the downside target is at 260.32. However, we should have a stop loss at 296.13. 295.28 is the first resistance level above 279, and basically any test of resistance is a short signal. In this case, if the resistance 295.28 is tested, a short signal is present.

Swing trading plans for HIFS

• Buy HIFS just above 279.79, target 294.08, stop loss at 278.98 Details

If 279.79 starts to break higher, the technical summary data tells us to buy HIFS just above 279.79 with an upside target of 294.08. The data also tells us to set a stop loss at 278.98 in case the stock turns against the trade. 279.79 is the first resistance level above 279, and basically any break above resistance is a buy signal. In this case, 279.79, 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 HIFS slightly near 279.79, target 260.32, stop loss at 280.6. Details

Technical summary data suggests shorting HIFS if it tests 279.79, with a downside target of 260.32. However, we should have a stop loss at 280.6 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 279.79 is tested, a short signal is present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for HIFS

• Buy HIFS just above 279.79, target 285.77, stop loss at 279.14 Details

If 279.79 starts to break higher, the technical summary data tells us to buy HIFS just above 279.79 with an upside target of 285.77. The data also tells us to set a stop loss at 279.14 in case the stock turns against the trade. 279.79 is the first resistance level above 279, and basically any break above resistance is a buy signal. In this case, 279.79, 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 HIFS slightly near 279.79, target 278.17, stop loss at 280.44. Details

Technical summary data suggests shorting HIFS if it tests 279.79, with a downside target of 278.17. However, we should have a stop loss at 280.44 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 279.79 is tested, a short signal is present. 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 Hingham Institution for Savings (HIFS) available here: HIFS.

HIFS ratings for December 4th:

AI generated signals for HIFS

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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 Hingham Institution for Savings (NASDAQ: HIFS) 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 HIFS 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 HIFS 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 HIFS. All of this is offered below the overview table.