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Crossed Above 20 Day Moving Average appears for MDWD after 13.26% move
MDWD closed up 13.26% on Wednesday, September 10th, with volume running 6.3× above average. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Crossed Above 20 DMA and Crossed Above 200 DMA and New Uptrend and Stochastic Buy Signal and MACD Bullish Signal Line Cross and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.66, 14.86 & 13.65, with resistance at 19.67, 20.88 & 22.68.
Current SwingTradeBot Technical Rating of MDWD: D
There’s more where that came from. See all of today’s signals for MDWD here.
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