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Is NCDL showing downside potential? New 52 Week Closing Low shows up after slipping 2.47%
NCDL closed down 2.47% on Wednesday, June 17th, with volume running 1.3× above average. Multiple bearish signals emerged — New 52 Week Closing Low and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 12.07, 11.88 & 11.54, with resistance at 12.6, 12.94 & 13.13. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of NCDL: D
There’s more where that came from. See all of today’s signals for NCDL here.
Read full article here »