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Is OTIS lining up for a decline? 50 Day Moving Average Resistance shows up after dropping 0.6%
OTIS closed down 0.6% on Friday, June 26th, with volume running 0.7× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 72.71, 72.22 & 71.75, with resistance at 73.66, 74.13 & 74.62.
Current SwingTradeBot Technical Rating of OTIS: D
There’s more where that came from. See all of today’s signals for OTIS here.
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