22.1800
Change
-0.1900
Change %
0.8494%
Open
22.3700
Close
22.3500
High
22.4900
Low
22.1700
Symantec surrounded with negative signals despite gains - Analysis - 13-02-2018
2018-02-13 12:43:55 GMT (Economies.com)
Symantec surrounded with negative signals despite gains - Analysis - 13-02-2018
 

Symantec's stock (SYMC) rose in the intraday levels, scoring a profit of 0.73% in the last session, or 0.19 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, settling thereafter below the resistance of 27.28, which represents the ratio 38.2% of Fibonacci retracement levels for an ascending wave in the short term (from 16.14 to 34.16). 

 

Therefore we expect the stock to return lower, as long as the resistance of 27.33 holds on, targeting the support of 25.23, which represents the ratio 50% of the same retracement levels. 

 
 
 
  Symbol Last Change Chg.%
1.1770
-0.0179
1.4964%
1.3470
-0.0073
0.5361%
16.439
-0.232
1.389%
71.355
0.805
1.141%
78.66
-0.64
0.81%
1292.495
-26.535
2.012%
 
 
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