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.
Xerox Holdings Corp’s stock (XRX) fell in the intraday levels, amid negative signals from the RSI after reaching overbought levels, while gathering positive momentum to rise anew, amid the dominance of the upward trend, coupled with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 19.78, provided the support of 17.18 holds on.
Expected trend for today: Likely Bullish