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Is DNOW lining up for a decline? Fell Below 50 Day Moving Average shows up after slipping 2.58%
DNOW closed down 2.58% on Friday, September 19th, with volume running 1.6× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 14.92, 14.75 & 14.46, with resistance at 15.38, 15.67 & 15.84. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of DNOW: D
Don’t miss other key signals DNOW triggered—view them now on SwingTradeBot.com.
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