Energizer Holdings Inc $ENR Technical Update – Stock Traders Daily

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Energizer Holdings Inc $ENR Technical Update

The Energizer Holdings Inc (NYSE: ENR) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for ENR, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Weak Neutral Neutral
P1 63.04 61.94 60.47
P2 63.70 64.45 64.99
P3 64.34 66.87 70.01

Long Term Trading Plans for ENR

September 4, 2018, 2:30 pm ET

The Technical Summary and Trading Plans for ENR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this ENR Report.

ENR – (Long) Support Plan

Buy over 60.47 target 64.99 stop loss @ 60.21.
The technical summary data tells us to buy ENR near 60.47 with an upside target of 64.99. This data also tells us to set a stop loss @ 60.21 to protect against excessive loss in case the stock begins to move against the trade. 60.47 is the first level of support below 63.64 , and by rule, any test of support is a buy signal. In this case, support 60.47 would be being tested, so a buy signal would exist.

ENR – (Short) Resistance Plan

Short under 64.99 target 60.47 stop loss @ 65.25.
The technical summary data is suggesting a short of ENR as it gets near 64.99 with a downside target of 60.47. We should have a stop loss in place at 65.25 though. 64.99 is the first level of resistance above 63.64, and by rule, any test of resistance is a short signal. In this case, if resistance 64.99 is being tested, so a short signal would exist.

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