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20 Day Moving Average Resistance appears for OFG after 0.37% move
OFG closed down 0.37% on Monday, September 15th, with volume running 0.8× below average. Multiple bearish signals emerged — 20 DMA Resistance, 50 DMA Resistance & Stochastic Reached Oversold — suggesting potential weakness ahead. Key support levels exist at 43.36, 43.11 & 42.7, with resistance at 44.01, 44.42 & 44.67. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of OFG: D
There’s more where that came from. See all of today’s signals for OFG here.
Read full article here »