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Is MBWM ready to move lower? Fell Below 50 Day Moving Average shows up after slipping 1.41%
On Tuesday, September 16th, MBWM moved down 1.41% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA and Stochastic Reached Oversold — suggesting potential weakness ahead. Key support levels exist at 46.11, 45.45 & 44.54, with resistance at 47.68, 48.59 & 49.25. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MBWM: D
Just a sneak peek — check SwingTradeBot.com for the full story on MBWM.
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