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Is EBF likely to continue lower? Bearish Engulfing shows up after declining 0.8%

Ennis, Inc. (EBF) — SwingTradeBot Technical Analysis Report · Aug 19, 2026, 17:47 ET
EBF closed down 0.8% on Wednesday, August 19th, with volume running 1.6× above average. Multiple bearish signals emerged — New 52 Week High and Bearish Engulfing — suggesting potential weakness ahead. Key support levels exist at 22.09, 21.84 & 21.41, with resistance at 22.77, 23.2 & 23.45.

Current SwingTradeBot Technical Rating of EBF: A

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Ennis, Inc. (EBF)