Back to top

Is RAIL likely to continue higher? Pocket Pivot shows up after advancing 4.89%

Freightcar America, Inc. (RAIL) — SwingTradeBot Technical Analysis Report · Jun 17, 2026, 17:35 ET
RAIL closed up 4.89% on Wednesday, June 17th, with volume running 2.2× above average. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Upper Bollinger Band Walk and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 8.77, 8.31 & 7.93, with resistance at 9.61, 9.99 & 10.45.

Current SwingTradeBot Technical Rating of RAIL: D

More technical signals and insights for RAIL → Visit SwingTradeBot.com

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Freightcar America, Inc. (RAIL)