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Fell Below 20 Day Moving Average appears for MLP after 7.04% move
MLP finished lower by 7.04% on Monday, August 10th, trading 1.2 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 200 DMA, MACD Bearish Centerline Cross, MACD Bearish Signal Line Cross, Directional Movement Crossover Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 15.82, 15.53 & 14.97, with resistance at 16.67, 17.23 & 17.52.
Current SwingTradeBot Technical Rating of MLP: F
More technical signals and insights for MLP → Visit SwingTradeBot.com
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