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Is RLJ heading for a slide? MACD Bearish Centerline Cross shows up after slipping 1.46%
On Tuesday, August 11th, RLJ moved down 1.46% while volume was to 0.9× the usual levels. Multiple bearish signals emerged — Lower Bollinger Band Walk and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 10.71, 10.58 & 10.35, with resistance at 11.07, 11.3 & 11.43. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RLJ: D
Don’t miss other key signals RLJ triggered—view them now on SwingTradeBot.com.
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