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Is STC set to rally? Stochastic Reached Overbought shows up after sinking 1.7%
STC posted a 1.7% loss on Friday, September 19th, accompanied by 2.1× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Stochastic Reached Overbought and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 74.51, 73.73 & 72.59, with resistance at 76.43, 77.57 & 78.35. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of STC: B
There’s more where that came from. See all of today’s signals for STC here.
Read full article here »