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Fell Below 20 Day Moving Average appears for MGIC after 2.45% move
MGIC closed down 2.45% on Monday, September 15th, with volume running 1.0× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 19.74, 19.55 & 19.32, with resistance at 20.16, 20.39 & 20.58.
Current SwingTradeBot Technical Rating of MGIC: D
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