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Is FERG likely to continue lower? 20 Day Moving Average Resistance shows up after sinking 0.42%
FERG closed down 0.42% on Thursday, July 23rd, with volume running 0.7× below average. Multiple bearish signals emerged — 20 DMA Resistance and 50 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 226.07, 223.48 & 220.67, with resistance at 231.47, 234.28 & 236.87.
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 »