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Is NI setting up for a drop? Fell Below 20 Day Moving Average shows up after slipping 1.43%
NI finished lower by 1.43% on Wednesday, July 1st, trading 1.3 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 46.59, 46.32 & 45.77, with resistance at 47.41, 47.96 & 48.23.
Current SwingTradeBot Technical Rating of NI: B
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