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RYN forms 50 Day Moving Average Support on July 30
On Thursday, July 30th, RYN moved down 3.56% while volume was to 0.8× the usual levels. Mixed technical signals appeared with 50 DMA Support and 200 DMA Support suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 20.92, 20.46 & 19.83, with resistance at 22.02, 22.65 & 23.12.
Current SwingTradeBot Technical Rating of RYN: C
Just a sneak peek — check SwingTradeBot.com for the full story on RYN.
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