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End of day analysis for Crude oil 29-06-2021

Economies.com
2021-06-29 18:13PM UTC

Crude oil price provided positive trades but it returned to press on the bullish channel’s support line, to continue with our neutrality until the price confirms its situation according to this support, reminding you that breaking it will press on the price to visit 71.40 level intiailly, while consolidating above it will push the price to recover and achieve new gains.

End of day analysis for Gold 29-06-2021

Economies.com
2021-06-29 18:13PM UTC

Gold price broke 1770.00 level strongly and settled below it, to reinforce the expectations of continuing the bearish trend efficiently in the upcoming sessions, which targets 1734.10 level as a next station, noting that holding below 1770.00 represents initial condition to continue the suggested decline.

Honeywell gives in to negative pressure - Analysis - 29-06-2021

Economies.com
2021-06-29 11:59AM UTC

Honeywell's stock (HON) fell 0.89% in the last session while hurt by piercing the main upward trends line, with negative pressure from the 50-day SMA, countered by positive signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of 207.70, provided the support of 216.40 was breached. 

 

Expected trend for today: Bearish

Hewlett-Packard emits negative signs - Analysis - 29-06-2021

Economies.com
2021-06-29 11:59AM UTC

Hewlett-Packard's stock (HPQ) rose 0.34% in the last session while steadying at 29.81, amid the dominance of the downward correctional wave in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to stock's movements. 

 

Therefore we expect the stock to return lower, targeting the support of 28.90, provided the resistance of 31.20 holds on.

 

Expected trend for today: Bearish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.834 (2025-07-04 02:55AM UTC)