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.

Intel suffers from negative pressures - Analysis - 10-07-2020

Economies.com
2020-07-10 12:41PM UTC

Intel's stock fell 0.32% in the last session amid negative pressure from the 50-day SMA while hurt by piercing the upward short-term trend line, with negative signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the first support at 55.97, provided it holds below 58.91. 

 

Expected trend for today: Bearish 

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