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Fell Below 20 Day Moving Average appears for OTEX after 2.46% move
OTEX closed down 2.46% on Wednesday, July 22nd, with volume running 0.6× below average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 21.79, 21.36 & 20.77, with resistance at 22.81, 23.4 & 23.83.
Current SwingTradeBot Technical Rating of OTEX: D
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