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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