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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