(SII) Long-Term Investment Analysis

November 29, 2024, 7:12 PM ET, BY John – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for SII

• Buy SII near 42.03 and target a stop loss of 45.55 at 41.91 Details

The technical summary data tells us to buy SII near 42.03 with an upside target of 45.55. This data also tells us to set a stop loss at 41.91 to protect ourselves from excessive losses in case the stock starts moving against the trade. 42.03 is the first level of support below 44.35 and basically any test of support is a buy signal. In this case the support 42.03 would be tested, so a buy signal would be present.

• Short SII slightly below 45.55, target 42.03, stop loss at 45.68 Details

Technical summary data suggests SII should be short as it approaches the 45.55 level with a downside target of 42.03. However, we should have a stop loss at 45.68. 45.55 is the first resistance level above 44.35, and basically any test of resistance is a short signal. In this case, if the resistance 45.55 is tested, a short signal is present.

Swing trading plans for SII

• Buy SII slightly above 44.79, target 45.55, stop loss at 44.66 Details

If 44.79 starts to break higher, the technical summary data tells us to buy SII just above 44.79 with an upside target of 45.55. The data also tells us to set a stop loss at 44.66 in case the stock turns against the trade. 44.79 is the first resistance level above 44.35 and basically any break above resistance is a buy signal. In this case, 44.79, 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 SII slightly near 44.79, target 43.22, stop loss at 44.92. Details

Technical summary data suggests SII should be short if it tests 44.79, with a downside target of 43.22. However, we should have a stop loss at 44.92 in case the stock starts moving against the trade. Basically, every resistance test is a short signal. In this case, if the resistance 44.79 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 SII

• Buy SII slightly above 44.79, target 45.55, stop loss at 44.69 Details

If 44.79 starts to break higher, the technical summary data tells us to buy SII just above 44.79 with an upside target of 45.55. The data also tells us to set a stop loss at 44.69 in case the stock turns against the trade. 44.79 is the first resistance level above 44.35 and basically any break above resistance is a buy signal. In this case, 44.79, 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 SII slightly near 44.79, target 43.54, stop loss at 44.89. Details

Technical summary data suggests SII should be short if it tests 44.79, with a downside target of 43.54. However, we should have a stop loss at 44.89 in case the stock starts moving against the trade. Basically, every resistance test is a short signal. In this case, if the resistance 44.79 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 Sprott Inc. (SII) available here: SII.

SII ratings for November 29th:

AI generated signals for SII

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Technically, Sprott Inc. (NYSE: SII) offers opportunities for traders who watch how the stock price fluctuates over time.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for SII 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, when SII 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 SII. All of this is offered below the overview table.