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.

Twitter tries to vent off oversold saturation - Analysis - 21-09-2018

Economies.com
2018-09-21 14:26PM UTC

Twitter's stock rose in the intraday levels amid attempts to vent off oversold saturation in the RSI, scoring a profit of 1.12% in the last session, or 0.33 points, amid negative pressure from the 50-day SMA, while settling below the resistance of 31.02, which represents the ratio 50% of Fibonacci retracement levels for an ascending wave in the short term (from 14.25 to 47.79). 

 

Therefore we expect the stock to return lower, as long as it settles below 31.02, targeting the next support at 27.06, which represents the ratio 61.8% of the same retracement levels. 

 

Expected trend for today: Likely Bearish  

Stocks Technical Analysis

United States Analysis

Stocks

Dow Jones Approaches the 40,000 Barrier for the First Time in History. Predictions, Analysis, and How to Trade It
2024-05-17 18:30PM UTC
Table of Contents Technical Forecast for Dow Jones Index Price Best 2 Dow Jones Index ...
United States Analysis

Stocks

Occidental Petroleum price - Forecast today - 17-05-2024
2024-05-17 12:10PM UTC
Occidental Petroleum Corporation’s stock price (OXY) returned lower in the intraday levels, ...
United States Analysis

Stocks

Crowdstrike price stalls - Forecast today - 17-05-2024
2024-05-17 12:10PM UTC
Crowdstrike Holdings’ stock price (CRWD) inched down in the intraday levels on profit-taking, ...