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Fell Below 20 Day Moving Average appears for ITUB after 3.53% move
ITUB posted a 3.53% loss on Tuesday, August 4th, accompanied by 0.1× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.08, 7.97 & 7.76, with resistance at 8.4, 8.61 & 8.72.
Current SwingTradeBot Technical Rating of ITUB: B
Today’s move could mean more—check all the signals for ITUB on SwingTradeBot.
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