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 Holdings' stock rose 0.50% in the last session, or 0.03 points, after the support of 5.95 held on, amid the dominance of the downward trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, especially if the support of 5.95 was breached, targeting the next one at 5.55.
Expected trend for today: Likely Bearish