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Is SLGN showing downside potential? New 52 Week Closing Low shows up after sliding 0.81%
SLGN posted a 0.81% loss on Friday, September 19th, accompanied by 2.1× normal trading volume. 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 42.63, 42.47 & 42.14, with resistance at 43.12, 43.45 & 43.61. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of SLGN: F
What else did SLGN do today? Find out on SwingTradeBot.
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