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Is NVR poised for a decline? New Downtrend shows up after climbing 1.04%
NVR closed up 1.04% on Tuesday, November 4th, with volume running 0.8× below average. Multiple bearish signals emerged — New Downtrend, Lower Bollinger Band Walk & Slingshot Bearish — suggesting potential weakness ahead. Key support levels exist at 7049.53, 6953.03 & 6902.59, with resistance at 7196.47, 7246.91 & 7343.41. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of NVR: F
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