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SBR forms 200 Day Moving Average Resistance on June 22
SBR closed down 0.07% on Monday, June 22nd, with volume running 1.0× below average. Multiple bearish signals emerged — 200 DMA Resistance and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 71.63, 71.03 & 70.5, with resistance at 72.77, 73.3 & 73.9. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SBR: D
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