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DNOW Crossed Above 20 Day Moving Average on July 30
DNOW posted a 2.92% gain on Thursday, July 30th, accompanied by 1.4× normal trading volume. Mixed technical signals appeared with Crossed Above 20 DMA and Crossed Above 50 DMA and Crossed Above 200 DMA and Pocket Pivot suggesting upside potential, while MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 13.37, 13.02 & 12.8, with resistance at 13.94, 14.16 & 14.51.
Current SwingTradeBot Technical Rating of DNOW: C
This might just be the start. See what else showed up for DNOW today.
Read full article here »