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's stock (SYMC) fell anew in the intraday levels, recording a loss of 0.85% in the last session, or 0.24 points, amid negative pressure from the 50-day SMA, while the stock gets hurt by piercing the main upward medium-term trend line, amid attempts to vent off the oversold saturation in the RSI.
Therefore we expect more losses for the stock, targeting the important support of 27.31.