BioNTech skids - Analysis - 10-06-2022

2022-06-10 11:48:34 GMT (Economies.com)
 

BioNTech's stock (BNTX) tumbled 7.70% in the last session, or 12.46 points, settling at 149.27 points, with trading volumes surpassing 1.1 million shares, above 10-day averages of 800 thousand shares, amid the dominance of the downward correctional short-term trend, with negative pressure from the 50-day SMA.

 

Therefore we expect more losses for the stock, targeting the pivotal support of 135.13, provided the resistance of 189.00 holds on.

 

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Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9695
0.0040
0.4117%
1.0811
-0.0009
0.0823%
18.802
-0.056
0.300%
81.721
2.427
3.061%
89.32
3.00
3.48%
1653.945
8.585
0.522%
 
 
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