3M returns lower - Analysis - 24-11-2021
2021-11-24 11:06:21 GMT
(Economies.com)
3M's stock returned lower with a 0.11% in the last session after exiting an ascending correctional price channel in the short term, while suffering from pressure from the 50-day SMA, settling thereafter at 179.46.
Therefore we expect more losses for the stock, targeting the support of 173.83, provided the support of 179.47 was breached.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1318
|
0.0048
|
0.4246%
|
|
|
|
|
1.3319
|
0.0010
|
0.0714%
|
|
|
|
Tadawul
|
10810.60
|
-60.02
|
0.55%
|
|
|
|
|
22.836
|
-0.209
|
0.907%
|
|
|
|
|
68.175
|
-4.226
|
5.837%
|
|
|
|
|
70.81
|
-2.63
|
3.58%
|
|
|
|
|
1792.060
|
6.970
|
0.391%
|
|
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