SiriusXM ends flat - Analysis - 23-01-2017

Sirius XM Holdings' stock closed unchanged in the intraday levels, amid the dominance of the main upward short-term trend along the trend line as shown in the attached chart, with ongoing positive pressure from the SMA for the last 50 days period, countered by an influx of negative signals from relative power indicators.
 
Therefore we expect the stock to rise in the coming trading, provided it pierces the resistance of 4.65, targeting thereafter the resistance of 4.91.