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Is MIAX building bullish momentum? 20 Day Moving Average Support shows up after climbing 4.58%
MIAX finished higher by 4.58% on Thursday, July 2nd, trading 1.7 times its typical volume. Mixed technical signals appeared with 20 DMA Support and New Uptrend and Directional Movement Crossover Bullish suggesting upside potential, while Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 38.98, 37.11 & 35.68, with resistance at 42.27, 43.7 & 45.56.
Current SwingTradeBot Technical Rating of MIAX: C
There’s more where that came from. See all of today’s signals for MIAX here.
Read full article here »