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New Uptrend appears for MBI after 0.29% move
MBI finished lower by 0.29% on Monday, July 6th, trading 1.0 times its typical volume. Mixed technical signals appeared with New Uptrend suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.72, 6.66 & 6.55, with resistance at 6.9, 7.01 & 7.07. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MBI: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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