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Is MCO set to rally? Stochastic Reached Overbought shows up after slipping 0.2%
On Tuesday, July 14th, MCO moved down 0.2% while volume shrunk to 0.5× the usual levels. The session formed a Stochastic Reached Overbought, often signaling a possible continuation. Key support levels exist at 484.57, 474.41 & 468.83, with resistance at 500.32, 505.9 & 516.06. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MCO: B
There’s more where that came from. See all of today’s signals for MCO here.
Read full article here »