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INR makes New 52 Week Closing Low on September 19
INR closed down 5.29% on Friday, September 19th, with volume running 1.5× above average. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low, Stochastic Reached Oversold & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 12.64, 12.39 & 11.92, with resistance at 13.36, 13.83 & 14.08. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of INR: F
There’s more where that came from. See all of today’s signals for INR here.
Read full article here »