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Is NDSN likely to continue lower? Fell Below 20 Day Moving Average shows up after slipping 2.6%
NDSN finished lower by 2.6% on Tuesday, July 7th, trading 0.7 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 282.88, 279.73 & 274.79, with resistance at 290.96, 295.9 & 299.05.
Current SwingTradeBot Technical Rating of NDSN: C
There’s more where that came from. See all of today’s signals for NDSN here.
Read full article here »