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Stocks Screener - Testing Resistance Line

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Monthly Price vs. Trendline:Testing Resistance
Number of records: 13
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- 8/30/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
ALGN 237.221.39%66.4637.95 8 33 1 Add to Watch List
BAC 40.752.46%82.9849.79 9 61 Downtrend ResistanceAdd to Watch List
BRK.B 475.924.97%92.8578.57 9 110 3 08/29/24	Bearish  Deliberation
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ED 101.560.95%52.8269.24 10 100 3 Add to Watch List
FXF 104.60-0.29%71.9876.01 2 Add to Watch List
GD 299.362.71%67.8664.96 5 74 1 08/28/24	Bullish  Long White Real Body
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Trend Line Resistance Trend Line Support Resistance.

Trendline support resistance provides an excellent buy/sell signals in trending market. On an uptrend, buy around the support trend line level and place a stop order below the trend line support. Take profit on the trend line resistance level. Reverse the technique in a downtrend. Short around the resistance trend line level and place a stop order above the trend line resistance.
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