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Is LMAT gaining bearish strength? Fell Below 20 Day Moving Average shows up after slipping 1.79%
On Wednesday, July 22nd, LMAT moved down 1.79% while volume was to 0.9× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 97.36, 95.91 & 93.73, with resistance at 100.98, 103.16 & 104.61.
Current SwingTradeBot Technical Rating of LMAT: B
There’s more where that came from. See all of today’s signals for LMAT here.
Read full article here »