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June 20, 2025, 02:42 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPMV
The technical summary data tells us to buy SPMV near 45.58 with an upside target of 47.39. This data also tells us to set a stop loss @ 45.45 to protect against excessive loss in case the stock begins to move against the trade. 45.58 is the first level of support below 47.2328 , and by rule, any test of support is a buy signal. In this case, support 45.58 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of SPMV as it gets near 47.39 with a downside target of 45.58. We should have a stop loss in place at 47.53though. 47.39 is the first level of resistance above 47.2328, and by rule, any test of resistance is a short signal. In this case, if resistance 47.39 is being tested, so a short signal would exist.
Swing Trading Plans for SPMV
If 47.43 begins to break higher, the technical summary data tells us to buy SPMV just slightly over 47.43, with an upside target of 47.66. The data also tells us to set a stop loss @ 47.29 in case the stock turns against the trade. 47.43 is the first level of resistance above 47.2328, and by rule, any break above resistance is a buy signal. In this case, 47.43, 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.
The technical summary data is suggesting a short of SPMV if it tests 47.43 with a downside target of 45.58. We should have a stop loss in place at 47.57 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, 47.43, 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 SPMV
If 47.66 begins to break higher, the technical summary data tells us to buy SPMV just slightly over 47.66, with an upside target of 48.88. The data also tells us to set a stop loss @ 47.55 in case the stock turns against the trade. 47.66 is the first level of resistance above 47.2328, and by rule, any break above resistance is a buy signal. In this case, 47.66, 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.
The technical summary data is suggesting a short of SPMV if it tests 47.66 with a downside target of 45.58. We should have a stop loss in place at 47.77 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, 47.66, 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.
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This report provides trading strategies for Invesco S&p 500 Minimum Variance Etf (NASDAQ: SPMV) while incorporating 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 SPMV change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.
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