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Fell Below 20 Day Moving Average appears for REI after 8.59% move
On Monday, July 27th, REI moved down 8.59% while volume shrunk to 0.5× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Fell Below 200 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 1.14, 1.1 & 1.05, with resistance at 1.23, 1.28 & 1.32.
Current SwingTradeBot Technical Rating of REI: C
Don’t miss other key signals REI triggered—view them now on SwingTradeBot.com.
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