City Group stages tactical decline - Analysis - 07-04-2021

2021-04-07 12:12:48 GMT (Economies.com)
 

City Group's stock (C) fell 0.21% in the last session while trading alongside the main upward trend line in the short term, with support from the 50-day SMA, while hurt by the stubborn resistance of 74.00, as it gathers positive momentum while venting off overbought saturation in the RSI.

 

Therefore we expect more gains for the stock, targeting the resistance of 80.65, provided the resistance of 74.00 was breached, 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.2060
0.0034
0.2840%
1.3873
-0.0080
0.5712%
Tadawul
10127.90
18.31
0.18%
26.096
0.305
1.183%
61.739
-1.439
2.278%
65.80
0.40
0.61%
1784.515
13.065
0.738%
 
 
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