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 in the intraday levels, recording a fresh loss of 1.26% in the last session, or 0.35 points, and piercing the upside medium-term trend line as shown in the attached chart, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA, in addition to a noticeable rise in trading volumes.
Therefore we expect more losses for the stock, as long as it settles below 27.93, targeting the support of 25.72.