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Is ET building bullish momentum? Crossed Above 20 Day Moving Average shows up after climbing 1.39%
ET posted a 1.39% gain on Thursday, July 2nd, accompanied by 0.7× normal trading volume. Multiple bullish signals emerged — Crossed Above 20 DMA and Stochastic Reached Overbought — suggesting potential strength ahead. Key support levels exist at 19.08, 18.85 & 18.71, with resistance at 19.45, 19.59 & 19.82. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of ET: C
Today’s move could mean more—check all the signals for ET on SwingTradeBot.
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