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 rose 2.42% in the last session while trading alongside the upward short-term trend line, with positive signals from the RSI, while shaking off negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the first resistance at 55.61, provided the support of 49.38 holds on.
Expected trend for today: Bullish