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Fell Below 50 Day Moving Average appears for BURL after 4.42% move
On Friday, September 12th, BURL moved down 4.42% while volume was to 1.3× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA, New Downtrend & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 262.54, 258.16 & 250.49, with resistance at 274.59, 282.26 & 286.64. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BURL: D
More technical signals and insights for BURL → Visit SwingTradeBot.com
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