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.

Sirius XM confirms breach of upward trend line - Analysis - 24-09-2018

Economies.com
2018-09-24 13:09PM UTC

Sirius XM Holdings' stock returned lower with a 0.43% loss in the last session, or 0.03 points, with negative pressure from the 50-day SMA, coupled with a noticeable surge in trading volumes, while the RSI reached oversold levels. 

 

Therefore we expect more losses for the stock, as long as the resistance of 7.29 holds on, targeting the support of 6.81. 

 

Expected trend for today: Bullish 

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