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NDLS forms New Downtrend on August 20
NDLS closed down 3.59% on Thursday, August 20th, with volume running 1.0× below average. Multiple bearish signals emerged — New Downtrend, Stochastic Reached Oversold & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 14.71, 14.36 & 13.72, with resistance at 15.7, 16.34 & 16.69. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of NDLS: C
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