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Slingshot Bullish appears for IVR after 2.47% move
On Monday, July 20th, IVR moved down 2.47% while volume increased to 1.4× the usual levels. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and Stochastic Sell Signal and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 7.78, 7.67 & 7.48, with resistance at 8.08, 8.27 & 8.38.
Current SwingTradeBot Technical Rating of IVR: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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