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FTV forms Directional Movement Crossover Bullish on August 6
FTV finished lower by 0.77% on Thursday, August 6th, trading 0.9 times its typical volume. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while Fell Below 20 DMA and Fell Below 50 DMA and 180 Bearish Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 60.46, 60.06 & 59.31, with resistance at 61.61, 62.36 & 62.76.
Current SwingTradeBot Technical Rating of FTV: C
There’s more where that came from. See all of today’s signals for FTV here.
Read full article here »