ExxonMobil turns early losses into profits - Analysis - 20-09-2022
ExxonMobil's stock (XOM) rose in the intraday levels after leaning on the support of the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached oversold levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 105.50, provided the support of 91.50 holds on.
Expected trend for today: Bullish
Procter & Gamble returns lower - Analysis - 20-09-2022
Procter & Gamble's stock (PG) returned lower in the intraday levels, amid the dominance of the downward short-term trend, with negative signals from the RSI, amid negative pressure from the 50-day SMA.
Therefore we expect the stock to decline and target the pivotal support of 129.50, provided it holds below 138.20.
Expected trend for today: Bearish
Under Armour buoyed by a pivotal support - Analysis - 20-09-2022
Under Armour's stock (UAA) rose after the pivotal support of 8.10 held on, lending it positive momentum that helped it regain recent losses, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of 6.70, provided the support of 8.10 was breached.
Expected trend for today: Bearish
JPMorgan receives positive support - Analysis - 20-09-2022
JPMorgan Chase's stock (JPM) advanced and leaned on the support of the 50-day SMA, lending it positive momentum and tackling the main downward short-term trend line, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the support of 124.25, provided the support of 112.75 holds on.
Expected trend for today: Bullish