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Directional Movement Crossover Bullish appears for MCB after 0.12% move
On Friday, August 28th, MCB moved up 0.12% while volume was to 0.8× the usual levels. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 90.9, 90.01 & 89.03, with resistance at 92.77, 93.75 & 94.64.
Current SwingTradeBot Technical Rating of MCB: C
Traders are watching MCB for a reason. See the full signal list.
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