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Is MTEN compressing before expansion? Narrow Range Bar shows up after advancing 0.83%
MTEN finished higher by 0.83% on Thursday, July 16th, trading 0.1 times its typical volume. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 1.13, 1.06 & 1.01, with resistance at 1.25, 1.3 & 1.37. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of MTEN: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »