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Is SWIM setting up for a drop? Directional Movement Crossover Bearish shows up after sliding 2.04%

Latham Group, Inc. (SWIM) — Nightly Technical Analysis · Sep 19, 2025, 17:52 ET
SWIM finished lower by 2.04% on Friday, September 19th, trading 1.7 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 7.6, 7.52 & 7.39, with resistance at 7.81, 7.94 & 8.02. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of SWIM: C

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Latham Group, Inc. (SWIM)