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20 Day Moving Average Resistance appears for NIU after 0.48% move
On Tuesday, July 7th, NIU moved up 0.48% while volume shrunk to 0.2× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance, 1,2,3 Retracement Bearish & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 2.07, 2.03 & 1.99, with resistance at 2.14, 2.18 & 2.22.
Current SwingTradeBot Technical Rating of NIU: F
Just a sneak peek — check SwingTradeBot.com for the full story on NIU.
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