American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

3M tries to recoup some losses - Analysis - 13-02-2020

Economies.com
2020-02-13 11:46AM UTC

3M's stock rose 0.83% in the last session amid positive signals from the RSI, while recouping some past losses amid negative pressure from the 50-day SMA and with the dominance of the downward long-term trend. 

 

Therefore we expect the stock to return lower, targeting the first support at 159.25. 

 

Expected trend for today: Bearish 

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