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Is SITM likely to continue lower? Lower Bollinger Band Walk shows up after climbing 3.37%
SITM finished higher by 3.37% on Wednesday, July 8th, trading 0.9 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 589.55, 566.96 & 553.93, with resistance at 625.17, 638.2 & 660.79. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of SITM: C
Today’s move could mean more—check all the signals for SITM on SwingTradeBot.
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