City Group exposed to negative pressure - Analysis - 14-10-2021

2021-10-14 10:15:24 GMT (Economies.com)
 

City Group's stock (C) fell 0.54% in the last session, amid negative signals from the RSI, amid the dominance of the downward correctional short-term wave, while trespassing the support of the 50-day SMA, doubling negative pressures. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 64.55, provided the support of 69.35 was breached.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1600
-0.0012
0.1038%
1.3738
-0.0031
0.2233%
Tadawul
11807.79
-43.89
0.37%
24.081
-0.396
1.616%
82.092
-2.835
3.338%
84.18
-2.23
2.58%
1797.445
-6.600
0.366%
 
 
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