Symantec tries to vent off oversold saturation - Analysis - 26-05-2017

Economies.com
2017-05-26 12:48PM UTC

Symantec's stock (SYMC) rose in the intraday levels, scoring a profit of 0.27% in the last session, or 0.08 points, amid negative pressure from the 50-day SMA, as the stock vents off the oversold saturation in relative power indicators, while trading within an ascending medium-term price channel. 

 

Therefore we expect the stock to return lower, especially if it settles back below 29.90, targeting the support of 28.22. 

Stocks Technical Analysis

United States Analysis

Stocks

General Electric price tries to regain footing - Forecast today - 23-04-2024
2024-04-23 13:06PM UTC
General Electric Company’s stock price (GE) rose in the intraday levels, amid the dominance ...
United States Analysis

Stocks

General Mills price extends gains - Forecast today - 23-04-2024
2024-04-23 13:06PM UTC
General Mills’ stock price (GIS) rose in the intraday levels, amid the dominance of the ...
United States Analysis

Stocks

Campbell Soup price readies to tackel pivotal resistance - Forecast today - 23-04-2024
2024-04-23 13:05PM UTC
Campbell Soup Company’s stock price (SBP) kept rising in the intraday levels while tackling ...