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.%
1.1044
0.0229
2.1156%
1.2828
-0.0120
0.9245%
Tadawul
7628.34
-82.78
1.07%
16.608
-1.885
10.190%
45.085
-8.248
15.465%
50.52
-1.66
3.18%
1582.890
-60.755
3.696%
 
 
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