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Fell Below 200 Day Moving Average appears for NOMD after 2.23% move
NOMD closed down 2.23% on Tuesday, June 30th, with volume running 1.1× above average. Multiple bearish signals emerged — Fell Below 200 DMA, Bearish Engulfing & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 10.83, 10.72 & 10.51, with resistance at 11.15, 11.36 & 11.47. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of NOMD: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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