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Bollinger Band Squeeze appears for EGBN after 1.35% move
EGBN posted a 1.35% loss on Thursday, August 6th, accompanied by 0.7× normal trading volume. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 27.57, 27.29 & 26.81, with resistance at 28.34, 28.82 & 29.1. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of EGBN: A
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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