City Group gives in to negative pressure - Analysis - 15-09-2020
2020-09-15 12:36:37 GMT
(Economies.com)
City Group's stock skidded 5.59% in the last session after piecing the upward 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 support of 43.67.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1846
|
-0.0032
|
0.2728%
|
|
|
|
|
1.2933
|
0.0034
|
0.2613%
|
|
|
|
Tadawul
|
8364.61
|
6.65
|
0.08%
|
|
|
|
|
26.732
|
-0.280
|
1.037%
|
|
|
|
|
40.791
|
3.731
|
10.068%
|
|
|
|
|
43.15
|
-0.26
|
0.60%
|
|
|
|
|
1948.110
|
-6.115
|
0.313%
|
|
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