Long term trading analysis for (IVVW)

November 30, 2024, 12:48 AM ET, BY Joseph H. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for IVVW

• Buy IVVW near 49.75. Target – stop loss at 49.61. Details

The technical summary data tells us to buy IVVW near 49.75, but there is no current upside target in the summary table. In this case, we should wait until either an update to the summary table has been made (which usually happens at the beginning of each trading day) or until the position has been stopped. The data tells us that we should set a stop loss at 49.61 to protect ourselves from excessive losses in case the stock starts moving against the trade. 49.75 is the first level of support below 50.7859 and basically any test of support is a buy signal. In this case, if the support 49.75 is tested, a buy signal would be present.

• NO. Details

NO.
There are no current resistance levels from the summary table and therefore there are no short resistance plans telling us to short on resistance tests. The resistance levels have broken to the upside and if the stock does not move back down and below the support levels, short positions look risky.

Swing trading plans for IVVW

• Buy IVVW slightly above n/a, target n/a, stop loss at 0 Details

If n/a starts to break out higher, the technical summary data tells us to buy IVVW just above n/a, with an upside target of n/a. The data also tells us to set a stop loss at 0 in case the stock turns against the trade. n/a is the first resistance level above 50.7859, and basically any break above resistance is a buy signal. In this case, n/a, the initial resistance, would break out to the upside, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short IVVW slightly near n/a, target 50.72, stop loss at 0. Details

Technical summary data suggests IVVW should be short if it tests n/a with a downside target of 50.72. However, we should have a stop loss at 0 in case the stock moves against the trade. Basically, every resistance test is a short signal. In this case, if the resistance, n/a, is tested, a short circuit signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for IVVW

• Buy IVVW just above 50.87, target n/a, stop loss at 50.75 Details

If 50.87 starts to break out higher, the technical summary data tells us to buy IVVW just above 50.87 with an upside target of n/a. The data also tells us to set a stop loss at 50.75 in case the stock turns against the trade. 50.87 is the first resistance level above 50.7859 and basically any break above resistance is a buy signal. In this case, 50.87, 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 IVVW close to 50.87, target 50.16, stop loss at 50.99. Details

Technical summary data suggests shorting IVVW if it tests 50.87, with a downside target of 50.16. However, we should have a stop loss at 50.99 in case the stock starts moving against the trade. Basically, every resistance test is a short signal. In this case, if resistance 50.87 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.

Check the timestamp of this data. Updated AI generated signals for Ishares S&p 500 Buywrite Etf (IVVW) available here: IVVW.

IVVW ratings for November 30th:

AI-generated signals for IVVW

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This report was generated using AI developed by Stock Traders Daily. Over the past 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 Ishares S&p 500 Buywrite Etf (NASDAQ: IVVW) 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 IVVW 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 IVVW 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 IVVW. All of this is offered below the overview table.