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Narrow Range Bar appears for DAIO after 2.05% move
On Friday, July 31st, DAIO moved down 2.05% while volume shrunk to 0.6× the usual levels. Narrow Range Bar was spotted, which could indicate a shift in momentum. Key support levels exist at 2.83, 2.81 & 2.75, with resistance at 2.91, 2.97 & 2.99. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of DAIO: D
There’s more where that came from. See all of today’s signals for DAIO here.
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