American Stocks Analysis

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 suffers from negative pressure - Analysis - 26-07-2021

Economies.com
2021-07-26 11:29AM UTC

City Group's stock (C) fell 0.33% in the last session, with negative pressure from the 50-day SMA, and with the dominance of the downward short-term correctional wave, countered by positive signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the support of 62.00, provided the resistance of 68.50 holds on.

 

Expected trend for today: Bearish 

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