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Crossed Above 20 Day Moving Average appears for KREF after 4.09% move
KREF closed up 4.09% on Wednesday, July 1st, with volume running 1.1× above average. Mixed technical signals appeared with Crossed Above 20 DMA and Directional Movement Crossover Bullish suggesting upside potential, while 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.91, 6.7 & 6.55, with resistance at 7.28, 7.43 & 7.64.
Current SwingTradeBot Technical Rating of KREF: C
There’s more where that came from. See all of today’s signals for KREF here.
Read full article here »