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.% | ||
---|---|---|---|---|---|
|
|
1.0169
|
-0.0050
|
0.4859%
|
|
|
|
1.2108
|
0.0004
|
0.0306%
|
|
|
|
20.099
|
-0.151
|
0.748%
|
|
|
|
86.833
|
-0.428
|
0.490%
|
|
|
|
92.34
|
-2.76
|
2.90%
|
|
|
|
1774.570
|
-7.115
|
0.399%
|
|
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