Agilent Technologies price declines in a volatile session - Forecast today - 19-04-2024

Agilent Technologies’ stock price (A) continued to decline in the intraday levels, while hurt by piercing the upward correctional trend line in the short term, coupled with negative pressure from the 50-day SMA, thus leaning on the pivotal support of $128.28, lending the stock positive momentum and ending a volatile session, amid negative signals from the RSI after reaching oversold levels.

Therefore we expect more losses for the stock, targeting the support of $119.00, provided the support of $128.28 was reliably pierced. 

Trend forecast: Bearish