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Is DY setting up for a drop? Fell Below 20 Day Moving Average shows up after sliding 2.67%
DY posted a 2.67% loss on Monday, October 27th, accompanied by 1.8× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 276.15, 268.13 & 258.86, with resistance at 293.43, 302.7 & 310.71.
Current SwingTradeBot Technical Rating of DY: C
There’s more where that came from. See all of today’s signals for DY here.
Read full article here »