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Is CION building bearish momentum? Fell Below 50 Day Moving Average shows up after sliding 1.61%
CION closed down 1.61% on Monday, September 15th, with volume running 1.5× above average. Multiple bearish signals emerged — Fell Below 50 DMA, Fell Below 200 DMA, Lower Bollinger Band Walk & MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 9.71, 9.64 & 9.52, with resistance at 9.9, 10.02 & 10.09. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of CION: D
More technical signals and insights for CION → Visit SwingTradeBot.com
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