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Stochastic Sell Signal appears for DEO after 1.12% move
DEO posted a 1.12% loss on Friday, July 31st, accompanied by 0.7× normal trading volume. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 87.46, 86.86 & 86.33, with resistance at 88.58, 89.11 & 89.71. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of DEO: C
Just a sneak peek — check SwingTradeBot.com for the full story on DEO.
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