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Stochastic Reached Overbought appears for NOW after 1.5% move
On Monday, July 6th, NOW moved up 1.5% while volume shrunk to 0.5× the usual levels. The session formed a Stochastic Reached Overbought, often signaling a possible continuation. Key support levels exist at 103.96, 100.0 & 96.66, with resistance at 111.25, 114.59 & 118.55. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of NOW: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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