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Is CHD primed for upward momentum? 50 Day Moving Average Support shows up after sliding 2.81%
CHD closed down 2.81% on Wednesday, July 8th, with volume running 0.9× below average. Mixed technical signals appeared with 50 DMA Support and Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 95.44, 94.7 & 93.44, with resistance at 97.44, 98.7 & 99.44.
Current SwingTradeBot Technical Rating of CHD: B
There’s more where that came from. See all of today’s signals for CHD here.
Read full article here »