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.

Symantec buoyed by positive pattern - Analysis - 28-04-2017

Economies.com
2017-04-28 12:58PM UTC

Symantec's stock (SYMC) rose in the intraday levels, scoring a profit of 0.74% in the last session, or 0.23 points, as the stock gets hurt by a positive technical pattern that formed in the short term, the Rectangle pattern, amid ongoing positive support from the SMA for the last 50 days period, while relative power indicators reached extremely overbought levels. 

 

Therefore we expect more gains to come for the stock, targeting the resistance of 32.00. 

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