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.

Manchester United seeks a bottom to boost it - Analysis - 13-12-2022

Economies.com
2022-12-13 12:32PM UTC

Manchester United's stock (MANU) rose in the intraday levels, while seeking a bottom to gather more momentum and regain losses, while venting off overbought saturation in the RSI, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 23.70, provided it holds above the pivotal resistance of 20.86. 

 

Expected trend for today: Bullish

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