3M ends cautiously higher - Analysis - 06-10-2021
2021-10-06 12:24:17 GMT
(Economies.com)
3M's stock rose 1.05% in the last session while recouping some recent short-term losses, as it vents off oversold saturation in the RSI, amid positive signals out of them, with negative pressure from the 50-day SMA, amid the dominance of the downward correctional short-term wave.
Therefore we expect the stock to return lower, targeting the support of 173.00, provided it holds below the resistance of 179.50.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.0499
|
-0.0091
|
0.8571%
|
|
|
|
|
1.2185
|
-0.0121
|
0.9794%
|
|
|
|
|
22.617
|
-0.540
|
2.334%
|
|
|
|
|
72.610
|
-8.865
|
10.881%
|
|
|
|
|
77.82
|
0.63
|
0.82%
|
|
|
|
|
1783.365
|
-12.195
|
0.679%
|
|
News Today
2022-12-07 16:10:03 GMT
2022-12-07 11:51:50 GMT
2022-12-07 08:21:58 GMT
2022-12-06 11:52:53 GMT