NYSE:PING - New York Stock Exchange, Inc. - US72341T1034 - Common Stock - Currency: USD
Taking everything into account, PING scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PING is showing a nice and steady performance.
Although PING has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
27.76
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
28.53 | 28.19 | 0.34 (1.17%) | 25.00% |
An entry @28.53. This is a Buy Stop order right above the 10 day high. | An exit @28.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 1.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
28.5
+0.03 (+0.11%)