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Is MDXG building bearish momentum? Fell Below 20 Day Moving Average shows up after declining 1.82%
MDXG closed down 1.82% on Friday, September 19th, with volume running 3.0× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 6.91, 6.8 & 6.6, with resistance at 7.22, 7.42 & 7.53.
Current SwingTradeBot Technical Rating of MDXG: D
There’s more where that came from. See all of today’s signals for MDXG here.
Read full article here »