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Is MAN preparing to trend lower? New 52 Week Closing Low shows up after dropping 1.92%
On Friday, September 19th, MAN moved down 1.92% while volume was to 8.4× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 36.83, 36.32 & 35.68, with resistance at 37.98, 38.62 & 39.13. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of MAN: F
This might just be the start. See what else showed up for MAN today.
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