Alliance Data Systems ADS Technical Data – Stock Traders Daily

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Source: Stock Traders Daily

Longer Term Trading Plans for ADS
  • Buy ADS over 99.71 target 118.02 stop loss @ 99.42 Details
  • The technical summary data tells us to buy ADS near 99.71 with an upside target of 118.02. This data also tells us to set a stop loss @ 99.42 to protect against excessive loss in case the stock begins to move against the trade. 99.71 is the first level of support below 102.38 , and by rule, any test of support is a buy signal. In this case, support 99.71 would be being tested, so a buy signal would exist.

  • Short ADS under 118.02, target 99.71, stop loss @ 118.36 Details
  • The technical summary data is suggesting a short of ADS as it gets near 118.02 with a downside target of 99.71. We should have a stop loss in place at 118.36though. 118.02 is the first level of resistance above 102.38, and by rule, any test of resistance is a short signal. In this case, if resistance 118.02 is being tested, so a short signal would exist.

Swing Trading Plans for ADS
  • Buy ADS over 118.02, target 137.99, Stop Loss @ 117.68 Details
  • If 118.02 begins to break higher, the technical summary data tells us to buy ADS just over 118.02, with an upside target of 137.99. The data also tells us to set a stop loss @ 117.68 in case the stock turns against the trade. 118.02 is the first level of resistance above 102.38, and by rule, any break above resistance is a buy signal. In this case, 118.02, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ADS near 118.02, target 102.03, Stop Loss @ 118.36. Details
  • The technical summary data is suggesting a short of ADS if it tests 118.02 with a downside target of 102.03. We should have a stop loss in place at 118.36 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 118.02, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ADS
  • Buy ADS over 105.00, target 118.02, Stop Loss @ 104.76 Details
  • If 105.00 begins to break higher, the technical summary data tells us to buy ADS just over 105.00, with an upside target of 118.02. The data also tells us to set a stop loss @ 104.76 in case the stock turns against the trade. 105.00 is the first level of resistance above 102.38, and by rule, any break above resistance is a buy signal. In this case, 105.00, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ADS near 105.00, target 102.03, Stop Loss @ 105.24. Details
  • The technical summary data is suggesting a short of ADS if it tests 105.00 with a downside target of 102.03. We should have a stop loss in place at 105.24 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 105.00, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

ADS Technical Summary | Raw Data for the Trading Plans

Term → Near Mid Long
Bias Strong Neutral Strong
P1 0 0 99.71
P2 100.02 95.88 118.02
P3 105.00 102.03 137.99

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 opportune trading strategies for both 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 trading in Alliance Data Systems (NYSE: ADS) while incorporating prudent risk controls.

Warning:

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

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ADS is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each 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 acts as a level of risk control too.

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 Investing plans for ADS too.  All of these are offered below the Summary Table.

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Fundamental Charts for ADS

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