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DNOW Fell Below 20 Day Moving Average on July 29
DNOW closed down 3.61% on Wednesday, July 29th, with volume running 0.8× below average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Fell Below 200 DMA, New Downtrend, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 13.04, 12.75 & 12.23, with resistance at 13.85, 14.37 & 14.66.
Current SwingTradeBot Technical Rating of DNOW: C
Today’s move could mean more—check all the signals for DNOW on SwingTradeBot.
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