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20 Day Moving Average Resistance appears for FERG after 0.36% move
FERG closed down 0.36% on Thursday, July 23rd, with volume running 0.5× below average. Multiple bearish signals emerged — 20 DMA Resistance and 50 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 226.16, 223.52 & 220.75, with resistance at 231.57, 234.34 & 236.98.
Current SwingTradeBot Technical Rating of FERG: C
There’s more where that came from. See all of today’s signals for FERG here.
Read full article here »