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Is NMIH likely to continue lower? Shooting Star Candlestick shows up after dropping 0.32%
NMIH posted a 0.32% loss on Tuesday, June 30th, accompanied by 0.2× normal trading volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 40.88, 40.67 & 40.36, with resistance at 41.41, 41.72 & 41.93. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of NMIH: C
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