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Fell Below 20 Day Moving Average appears for MTW after 4.28% move
On Thursday, July 2nd, MTW moved down 4.28% while volume shrunk to 0.2× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 12.23, 11.92 & 11.4, with resistance at 13.06, 13.58 & 13.89.
Current SwingTradeBot Technical Rating of MTW: C
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