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Pocket Pivot appears for CION after 3.16% move

CION Investment Corporation (CION) — Nightly Technical Analysis · Aug 7, 2026, 20:07 ET
On Friday, August 7th, CION moved up 3.16% while volume surged to 2.3× the usual levels. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 7.29, 7.07 & 6.9, with resistance at 7.69, 7.86 & 8.08. Slow Stochastic readings suggest the stock is currently overbought.

Current SwingTradeBot Technical Rating of CION: C

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