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Is NI poised for a decline? Fell Below 20 Day Moving Average shows up after sinking 1.35%
NI closed down 1.35% on Wednesday, July 8th, with volume running 0.9× below average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 46.49, 46.13 & 45.5, with resistance at 47.48, 48.11 & 48.47.
Current SwingTradeBot Technical Rating of NI: A
Today’s move could mean more—check all the signals for NI on SwingTradeBot.
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