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Is VMI setting up for a drop? 20 Day Moving Average Resistance shows up after sliding 0.14%
VMI posted a 0.14% loss on Thursday, August 13th, accompanied by 0.4× normal trading volume. 20 DMA Resistance was spotted, which could indicate a shift in momentum. Key support levels exist at 487.78, 483.37 & 477.59, with resistance at 497.97, 503.75 & 508.16.
Current SwingTradeBot Technical Rating of VMI: D
There’s more where that came from. See all of today’s signals for VMI here.
Read full article here »