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) kept falling in the intraday levels, recording a loss of 1.26% in the last session, or 0.38 points, with negative pressure from the 50-day SMA, as the stock seeks a bottom to bounce it higher anew, while trading within an ascending price channel in the short term, as relative power indicators reached extremely oversold levels.
Therefore we expect the stock to return higher, provided the support of 28.22 holds on, targeting the resistance of 33.20.