(UTWO) Long-term investment analysis

July 5, 2024, 6:56 AM ET, BY Thomas H. Kee Jr. – Editor, Stock Traders Daily | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer-term trading plans for UTWO

• Buy UTWO just above 47.79, target 48.07, stop loss at 47.65 details

The technical summary data tells us to buy UTWO at 47.79 with an upside target of 48.07. This data also tells us to set a stop loss at 47.65 to protect ourselves from excessive losses in case the stock starts moving against the trade. 47.79 is the first support level below 47.81 and any test of support is usually a buy signal. In this case, the support at 47.79 is tested, a buy signal would be present.

• Short UTWO just below 48.07, target 47.79, stop loss at 48.21 details

The technical summary data suggests a short of UTWO as it approaches 48.07, with a downside target of 47.79. However, we should place a stop loss at 48.21. 48.07 is the first resistance level above 47.81, and any test of resistance is basically a short signal. In this case, a short signal would be present if the 48.07 resistance is tested.

Swing Trading Plans for UTWO

• Buy UTWO just above n/a, target n/a, stop loss at 0 details

If $n/a starts to break higher, the technical summary data tells us to buy UTWO just above $n/a, with an upside target of $n/a. The data also tells us to set a stop loss at 0 in case the stock turns against the trade. $n/a is the first resistance level above 47.81, and according to the rule, any break above resistance is a buy signal. In this case, $n/a, the initial resistance, would break higher, 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 UTWO just near n/a, target 47.8, stop loss at 0. details

The technical summary data suggests a short of UTWO if it tests n/a with a downside target of 47.8. However, we should set a stop loss at 0 in case the stock starts moving against the trade. Any test of resistance is usually a short signal. In this case, a short signal would be present if resistance n/a 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 UTWO

• Buy UTWO just above 48.07, target nz, stop loss at 47.96 details

If 48.07 starts to rise, the technical summary data tells us to buy UTWO just above 48.07, with an upside target of $n/a. The data also tells us to set a stop loss at 47.96 in case the stock turns against the trade. 48.07 is the first resistance level above 47.81, and any break above resistance is usually a buy signal. In this case, 48.07, the initial resistance, would move higher, 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 UTWO just near 48.07, target 47.8, stop loss at 48.18. details

The technical summary data suggests a short of UTWO if it tests 48.07 with a downside target of 47.8. However, we should place a stop loss at 48.18 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 48.07 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 US Treasury ETF with 2 years maturity (UTWO) available here: UTVOO.

UTWO ratings for July 05:

AI-generated signals for UTWO

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Technically, US Treasury ETF with 2 years maturity (NASDAQ: UTWO) offers opportunities for traders who monitor the stock’s price fluctuations over time.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for UTWO change over time, so the report should be updated regularly. Subscribers get real-time updates. 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 UTWO tests support, buy signals emerge and resistance is the target. Conversely, when resistance is tested, it is a sign to control risk or sell 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 distinguish trading plans for day trading, swing trading and long-term investment plans for UTWO. All of these are offered below the summary table.