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 scored a fresh hefty profit of 4.45% in the last session, or 0.88 points, trespassing the resistance of the 50-day SMA and shaking off its negative pressure, with positive signals from the RSI after reaching oversold levels, amid the dominance of the downward medium-term trend.
Therefore we expect more cautious gains for the stock, targeting the resistance of 22.01, as long as it settles above 20.09.
Expected trend for today: Bullish