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DNOW forms 50 Day Moving Average Support on September 18
On Wednesday, September 17th, DNOW moved down 1.3% while volume was to 1.2× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 15.01, 14.81 & 14.52, with resistance at 15.5, 15.79 & 15.99. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of DNOW: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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