City Group trims gains - Analysis - 13-02-2020

2020-02-13 11:47:46 GMT (Economies.com)
 

City Group's stock hit a session high at 80.75 before bouncing lower and trimming the gains to 0.30%, amid negative signals from the RSI, while moving alongside the upward medium-term trend line, with support from the 50-day SMA. 

 

Therefore we expect more gains for the stock, as long as the support of 77.75 holds on, targeting the pivotal resistance of 83.13. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1679
0.0008
0.0655%
1.2872
0.0004
0.0342%
Tadawul
8334.65
20.45
0.25%
23.795
0.439
1.880%
40.571
0.281
0.697%
42.43
0.51
1.22%
1883.975
11.280
0.602%
 
 
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