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20 Day Moving Average Support appears for NGL after 3.23% move
NGL closed down 3.23% on Friday, July 24th, with volume running 0.4× below average. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 15.22, 14.89 & 14.4, with resistance at 16.04, 16.53 & 16.86. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of NGL: B
There’s more where that came from. See all of today’s signals for NGL here.
Read full article here »