Agilent Technologies extends losses - Analysis - 26-05-2023

Agilent Technologies' stock (A) kept falling in the intraday levels, marking a fresh loss of 1.24% in the last session, or 1.50 points, and settling at 119.49, amid the dominance of the downward medium-term trend alongside the short-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

Therefore we expect more losses for the stock, targeting the pivotal support of 112.50, provided the resistance of 124.50 holds on.

Expected trend for today: Bearish