July 21, 2024, 5:04 PM ET, BY Rolland S. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Long-term trading plans for FMS

• Buy FMS slightly above 18.9 target 21.32 stop loss @ 18.85 Details

The technical summary data tells us to buy FMS near 18.9 with an upside target of 21.32. This data also tells us to set a stop loss at 18.85 to protect against excessive loss in case the stock starts to move against the trade. 18.9 is the first support level below 19.69, and as a rule, any test of support is a buy signal. In this case, if support 18.9 is tested, there would be a buy signal.

• Short FMS slightly below 21.32, target 18.9, stop loss @ 21.38 Details

The technical summary data suggests a short of FMS if it approaches 21.32 with a downside target of 18.9. However, we should have a stop loss at 21.38. 21.32 is the first resistance level above 19.69 and as a rule, any test of resistance is a short signal. In this case, a short signal would exist if resistance 21.32 is tested.

Swing Trading Plans for FMS

• Buy FMS slightly above 20.16, target 21.32, stop loss @ 20.1 Details

If 20.16 starts to break higher, the technical summary data tells us to buy FMS just above 20.16, with an upside target of 21.32. The data also tells us to set a stop loss @ 20.1 in case the stock turns against the trade. 20.16 is the first resistance level above 19.69, and as a rule, any break above resistance is a buy signal. In this case, 20.16, the initial resistance, would break higher, so there would be a buy signal. Since this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short FMS something around 20.16, target price 19.69, stop loss @ 20.22. Details

The technical summary data suggests a short of FMS if it tests 20.16 with a downside target of 19.69. However, we should have a stop loss at 20.22 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 20.16, 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 FMS

• Buy FMS slightly above 19.75, target 20.16, Stop Loss @ 19.7 Details

If 19.75 starts to rise, the technical summary data tells us to buy FMS just above 19.75, with an upside target of 20.16. The data also tells us to set a stop loss at 19.7 in case the stock turns against the trade. 19.75 is the first resistance level above 19.69, and as a rule, any break above resistance is a buy signal. In this case, 19.75, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above resistance, it is called a Long Resistance Plan.

• Short FMS something around 19.75, target 18.9, Stop Loss @ 19.8. Details

The technical summary data suggests a short of FMS if it tests 19.75 with a downside target of 18.9. However, we should have a stop loss at 19.8 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 19.75, 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 on this data. Updated AI-generated signals for Fresenius Medical Care Ag (FMS) available here: VMS.

FMS Reviews for July 21:

Term →	Near	Middle	Long
Judgement	Neutral	Strong	Weak
P1	0	0	16.42
P2	19.75	19.69	18.9
P3	20.09	20.16	21.32

AI Generated Signals for FMS

Real-time updates for returning institutional readers:

Instructions:

• Click the Get Real-Time Updates button below.

• At the login prompt, select Forgot Username

• Enter the email address you use for Factset

• Use the username/pass you receive to log in

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

From then on, you can simply click to get the real-time update whenever you want.

RECEIVE REAL-TIME UPDATES

This report is produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to identify the most appropriate trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The purpose of this particular report is to help you trade in Fresenius Medical Care Ag (NYSE: FMS) and applies careful risk management.

Warning:

This is a static report, the data below was valid at the time of publishing, but support and resistance levels for FMS 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 through Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if FMS is testing support buy signals, it is the surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would accordingly be the downside target. 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 it also acts as a level of risk control.

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

This data is refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for FMS. All of these are provided below the summary table.