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Is CLVT preparing to trend lower? Lower Bollinger Band Walk shows up after dropping 2.43%
CLVT closed down 2.43% on Friday, September 19th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 3.97, 3.93 & 3.86, with resistance at 4.08, 4.15 & 4.19. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CLVT: F
Just a sneak peek — check SwingTradeBot.com for the full story on CLVT.
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