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Is WNEB likely to continue lower? 20 Day Moving Average Resistance shows up after a flat session

Western New England Bancorp, Inc. (WNEB) — SwingTradeBot Technical Analysis Report · Sep 17, 2025, 17:52 ET
On Wednesday, September 17th, WNEB remained flat, accompanied by volume at 0.7× the usual levels. Multiple bearish signals emerged — Shooting Star, 20 DMA Resistance & Shooting Star Candlestick — suggesting potential weakness ahead. Key support levels exist at 11.97, 11.84 & 11.61, with resistance at 12.33, 12.56 & 12.69. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of WNEB: C

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Western New England Bancorp (WNEB)