Technical data

Scotts Miracle Gro SMG Technical Data


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Source: Daily Stock Exchange Traders

Longer term trading plans for SMG
  • NOTHING. Details
  • There is no current support plan to trigger a purchase of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be seen as catching a falling knife. Buy signals only exist if resistance crosses the bar. This is often a signal that the stock you are watching is weak. Waiting for a higher turn can be smarter than trying to catch a falling knife. In any case, new support levels are usually updated in the database at the start of the next trading session.

  • Short SMG under 161.97, target n / a, stop loss @ 162.44 Details
  • Technical summary data suggests a drop in SMG as it approaches 161.97, but the downside target is not available from current data. This tells us to hold this position if it is triggered until a new downside target has been established (updates occur at the start of each trading session) or until the position is stopped. . Summary data tells us that a stop loss is in place at 162.44. 161.97 is the first resistance level above 147.14, and by rule, any resistance test is a short signal. In this case, if resistor 161.97 is tested, a short signal would exist.

Swing Trading Plans for SMG
  • Buy SMG on 147.97, target 152.03, Stop Loss @ 147.54 Details
  • If 147.97 starts to break higher, technical summary data tells us to buy SMG just above 147.97, with a bullish target of 152.03. The data also tells us to set a stop loss @ 147.54 in case the stock turns against the trade. 147.97 is the first resistance level above 147.14, and by rule, any breakout above resistance is a buy signal. In this case 147.97 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short SMG near 147.97, target n / a, Stop Loss @ 148.4. Details
  • The technical summary of the data suggests a short sale of SMG if it tests 147.97 with a bearish target of n / a. We should have a stop loss in place at 148.4 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 147.97, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for SMG
  • Buy SMG on 147.40, Target 147.97, Stop Loss @ 147.06 Details
  • If 147.40 starts to break higher, technical summary data tells us to buy SMG just above 147.40, with a bullish target of 147.97. The data also tells us to set a stop loss @ 147.06 in case the stock turns against the trade. 147.40 is the first resistance level above 147.14, and by rule, any breakout above resistance is a buy signal. In this case 147.40 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short SMG near 147.40, target n / a, Stop Loss @ 147.74. Details
  • Technical summary data suggests a short sale of SMG if it tests 147.40 with a bearish target of n / a. We should have a stop loss in place at 147.74 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 147.40, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

SMG Technical Summary | Raw data for trading plans

Term → Near Environment Long
Bias Strong Weak Neutral
P1 0 0 161.97
P2 147.40 147.97 197.60
P3 151.92 152.03 235.95


SMG Swing Trading analysis for October 3, 2021


SMG Day Trading Analysis for October 3, 2021

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most timely trading strategies for individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The objective of this specific report is to optimize exchanges by Scotts Miracle Gro (NYSE: SMG) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for SMG 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 stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if SMG is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for SMG as well. All these elements are proposed under the summary table.

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Fundamental graphics for SMG

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