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Is BYD positioned for a breakdown? Fell Below 200 Day Moving Average shows up after sliding 0.83%
BYD closed down 0.83% on Friday, August 7th, with volume running 0.5× below average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 83.02, 82.62 & 82.0, with resistance at 84.04, 84.66 & 85.06. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BYD: D
What else did BYD do today? Find out on SwingTradeBot.
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