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Slingshot Bullish appears for MTD after 1.88% move
MTD finished lower by 1.88% on Friday, July 17th, trading 0.7 times its typical volume. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 200 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1294.39, 1278.77 & 1256.17, with resistance at 1332.61, 1355.21 & 1370.83. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MTD: C
There’s more where that came from. See all of today’s signals for MTD here.
Read full article here »