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Is NGVT poised for a decline? Fell Below 20 Day Moving Average shows up after dropping 2.91%

SwingTradeBot Nightly Stock Scan: Ingevity Corporation (NGVT) — Technical Patterns & Alerts · Sep 10, 2025, 19:49 ET
NGVT posted a 2.91% loss on Wednesday, September 10th, accompanied by 1.0× normal trading volume. Fell Below 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 56.5, 55.91 & 54.74, with resistance at 58.27, 59.44 & 60.03.

Current SwingTradeBot Technical Rating of NGVT: C

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Ingevity Corporation (NGVT)