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IBP forms 50 Day Moving Average Support on September 29
IBP finished higher by 0.11% on Monday, September 29th, trading 0.5 times its typical volume. Mixed technical signals appeared with 50 DMA Support and Bullish Engulfing suggesting upside potential, while MACD Bearish Centerline Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 246.83, 244.22 & 242.47, with resistance at 251.19, 252.94 & 255.55. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of IBP: C
What else did IBP do today? Find out on SwingTradeBot.
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