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

2020-02-13 11:46:34 GMT (Economies.com)
 

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 

 
 
 
  Symbol Last Change Chg.%
1.1032
0.0217
2.0060%
1.2821
-0.0127
0.9801%
Tadawul
7628.34
-82.78
1.07%
16.678
-1.815
9.812%
45.295
-8.038
15.071%
50.52
-1.66
3.18%
1585.265
-58.380
3.552%
 
 
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