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POWI forms Stochastic Buy Signal on July 9
On Thursday, July 9th, POWI moved up 6.58% while volume shrunk to 0.5× the usual levels. The session formed a Stochastic Buy Signal, often signaling a possible continuation. Key support levels exist at 69.2, 67.57 & 66.36, with resistance at 72.03, 73.24 & 74.87. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of POWI: D
See all signals and full analysis for POWI on SwingTradeBot.com →
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