Stock is standing at its 61.8% retracement of its previous rally from 281.9 - 345.5.
Stock is standing on its uptrendline support at 306, which is also 61.8 % retracement of its previous rally.
Stock may face resistance at 314.
Stock is trading under 30 day moving average and average is also curving over.
60 day moving average is turning flat.
Stock had made new low continuously in every trading session from past 7 trading sessions, however today's session , it does'nt tested yesterday's low, but the closing came under the yesterday's closing.
OBV is also declining.
RSI is turning down.
Stochastic is under reading of 20, signalling weakness.
MACD is also turning down plus MACD bars are rising on the downside,
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