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SEIC forms 20 Day Moving Average Resistance on June 25
On Thursday, June 25th, SEIC moved down 1.08% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 86.84, 85.75 & 83.69, with resistance at 90.0, 92.06 & 93.15.
Current SwingTradeBot Technical Rating of SEIC: C
Today’s move could mean more—check all the signals for SEIC on SwingTradeBot.
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