City Group leans on upside trend line - Analysis - 11-06-2021
2021-06-11 10:44:49 GMT
(Economies.com)
City Group's stock (C) fell 1.6% in the last session amid attempts to seek a bottom to bolster it higher, while leaning on the main upward trend in the medium term, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 80.50, provided the support of 75.45 holds on.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1929
|
0.0027
|
0.2243%
|
|
|
|
|
1.3917
|
0.0023
|
0.1663%
|
|
|
|
Tadawul
|
10919.68
|
6.62
|
0.06%
|
|
|
|
|
25.952
|
-0.036
|
0.140%
|
|
|
|
|
73.301
|
1.475
|
2.054%
|
|
|
|
|
75.56
|
0.32
|
0.43%
|
|
|
|
|
1775.320
|
-3.070
|
0.173%
|
|
News Today
2021-06-24 18:53:11 GMT
2021-06-24 12:34:40 GMT
2021-06-24 12:33:14 GMT
2021-06-24 12:03:29 GMT