close
close

Objective Long/Short (PNM) Report

Objective Long/Short (PNM) Report
Objective Long/Short (PNM) Report

Longer-term trading plans for PNM

  • Buy PNM just above 35.24, target 37.52, stop loss at 35.14 details
  • The technical summary data tells us to buy PNM at 35.24 with an upside target of 37.52. This data also tells us to set a stop loss at 35.14 to protect ourselves from excessive losses in case the stock starts moving against the trade. 35.24 is the first support level below 36.1 and according to the rule, any test of support is a buy signal. In this case, the support at 35.24 is tested, a buy signal would be present.

  • Short PNM just below 37.52, target 35.24, stop loss at 37.63 details
  • The technical summary data suggests a short of PNM as it approaches 37.52, with a downside target of 35.24. However, we should place a stop loss at 37.63. 37.52 is the first resistance level above 36.1, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 37.52 resistance is tested.

Swing Trading Plans for PNM

  • Buy PNM just above 36.79, target 37.52, stop loss at 36.68 details
  • If 36.79 starts to rise, the technical summary data tells us to buy PNM just above 36.79, with an upside target of 37.52. The data also tells us to set a stop loss at 36.68 in case the stock turns against the trade. 36.79 is the first resistance level above 36.1, and any break above resistance is usually a buy signal. In this case, 36.79, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

  • Short PNM close to 36.79, target 35.99, stop loss at 36.9. details
  • The technical summary data suggests a short of PNM if it tests 36.79 with a downside target of 35.99. However, we should place a stop loss at 36.9 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 36.79 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for PNM

  • Buy PNM just above 36.22, target 36.79, stop loss at 36.14 details
  • If 36.22 starts to rise, the technical summary data tells us to buy PNM just above 36.22, with an upside target of 36.79. The data also tells us to set a stop loss at 36.14 in case the stock turns against the trade. 36.22 is the first resistance level above 36.1, and any break above resistance is usually a buy signal. In this case, 36.22, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

  • Short PNM close to 36.22, target 35.99, stop loss at 36.3. details
  • The technical summary data suggests a short of PNM if it tests 36.22 with a downside target of 35.99. However, we should place a stop loss at 36.3 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 36.22 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Pnm Resources Inc. (holding company) (PNM) available here: PNM.

PNM Ratings for July 09:







Term → Vicinity center
Long
reviews Weak Neutral Weak
1st place 0 0 32.8
place 2 35.72 35,99 35.24
place 3 36.22 36.79 37.52
AI-generated signals for PNM

Blue = Current price
Red = resistance
Green = support

Real-time updates for institutional readers who read regularly:
Instructions:

  • Click the “Get real-time updates” button below.

  • At the login prompt, select “Forgot username?”

  • Enter the email address you use for Factset

  • Log in with the username/password you received.

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

From then on, you can get the real-time update at any time with a single click.

GET REAL-TIME UPDATES

Our leading indicator for a market crash isEvitar Corte.
  • Evitar Corte has warned of the risk of a market crash four times since 2000.

  • The Internet debacle was recognized before it happened.

  • The credit crisis was identified before it occurred.

  • The Corona crash was also recognized in this way.

  • See what Evitar Corte says now.

Get notified when our ratings change:Try it

This report was created using an AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to identify the most favorable trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The goal of this specific report is to optimize trading in Pnm Resources Inc. (holding company) (NYSE: PNM) while incorporating prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for PNM change over time so the report should be updated regularly. Subscribers get real-time updates. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection against market downturns with Evitar Corte.

Instructions:

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

Swing trades, day trades and longer-term trading plans:

This data is refined to also differentiate trading plans for day trading, swing trading and long-term investment plans for PNM. All of these are offered below the summary table.

Fundamental charts for PNM:

Leave a Reply

Your email address will not be published. Required fields are marked *