Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
City Group's stock (C) rose 1.29% in the last session, while trading alongside the main downward trend in the long term, with negative pressure from the 50-day SMA, while venting off oversold saturation in the RSI.
Therefore we expect the stock to return lower, targeting the first support at 38.74.
Expected trend for today: Bearish