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Is MDT likely to continue lower? Fell Below 20 Day Moving Average shows up after dropping 1.24%
MDT closed down 1.24% on Wednesday, October 15th, with volume running 1.0× below average. Fell Below 20 DMA was spotted, which could indicate a shift in momentum. Key support levels exist at 93.98, 92.62 & 91.18, with resistance at 96.78, 98.22 & 99.58.
Current SwingTradeBot Technical Rating of MDT: C
Today’s move could mean more—check all the signals for MDT on SwingTradeBot.
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