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MKL Crossed Above 200 Day Moving Average on July 2
On Thursday, July 2nd, MKL moved up 3.32% while volume shrunk to 0.4× the usual levels. Multiple bullish signals emerged — Crossed Above 200 DMA, New Uptrend, Upper Bollinger Band Walk, Reversal New Highs Setup, Expansion Breakout & 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 1927.73, 1875.26 & 1848.26, with resistance at 2007.2, 2034.2 & 2086.67. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MKL: C
Today’s move could mean more—check all the signals for MKL on SwingTradeBot.
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