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 tries to vent off overbought saturation - Analysis - 16-03-2021

Economies.com
2021-03-16 11:34AM UTC

City Group's stock (C) fell 1.28% in the last session while gathering momentum to help it rise anew, while venting off overbought saturation in the RSI, amid the dominance of the upward medium-term trend, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 80.60.

 

Expected trend for today: Bullish 

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