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Lower Bollinger Band Walk appears for NCMI after 6.72% move
NCMI closed up 6.72% on Friday, August 14th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 2.73, 2.61 & 2.52, with resistance at 2.94, 3.03 & 3.15. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of NCMI: F
What else did NCMI do today? Find out on SwingTradeBot.
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