Current Price
Open: $53.61
Day Range: $53.37 - $53.76
Volume: 32.5M
Trading Levels
Entry (Breakout): $53.49
Take Profit Target: $54.71
Stop Loss: $51.05
Box Height: $2.44
Box Type: 50MA
Squeeze: MILD SQUEEZE
Key Statistics
Market Cap: $47.2B
P/E Ratio: 19.36
Dividend Yield: 1.34%
52W Low: $42.21
52W High: $54.50
Avg Volume: 35.9M
Price Chart (Last 6 Months)
Company Profile
Sector
Technology
Industry
Technology
Business Summary
The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Financial companies by the Global Industry Classification Standard, including securities of companies from the following industries: financial services; insurance; banks; capital markets; mortgage real estate investment trusts; and consumer finance. The fund is non-diversified.
Trading Strategy
Entry Signal: This stock is showing a 50MA breakout pattern. Consider entering a long position if price breaks above $53.49with volume confirmation.
Take Profit: Target price is $54.71, which is the breakout level plus the box height ($2.44).
Stop Loss: Place stop loss below $51.05to limit downside risk.
Risk/Reward: Box height of $2.44 provides favorable risk/reward when combined with proper position sizing.