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Is SMID likely to continue higher? 20 Day Moving Average Support shows up after slipping 0.9%
SMID posted a 0.9% loss on Thursday, July 23rd, accompanied by 1.5× normal trading volume. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Fell Below 50 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 29.3, 28.76 & 28.16, with resistance at 30.44, 31.04 & 31.58.
Current SwingTradeBot Technical Rating of SMID: D
Just a sneak peek — check SwingTradeBot.com for the full story on SMID.
Read full article here »