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NIQ forms 20 Day Moving Average Resistance on June 24
NIQ posted a 1.55% gain on Wednesday, June 24th, accompanied by 0.7× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.1, 7.98 & 7.84, with resistance at 8.36, 8.5 & 8.61. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of NIQ: F
Today’s move could mean more—check all the signals for NIQ on SwingTradeBot.
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