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Is IT gaining bearish strength? New 52 Week Closing Low shows up after dropping 4.63%
IT posted a 4.63% loss on Thursday, June 18th, accompanied by 1.3× normal trading volume. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 123.89, 120.39 & 114.61, with resistance at 133.17, 138.95 & 142.45. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of IT: F
See all signals and full analysis for IT on SwingTradeBot.com →
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