SIRI breaks key support level


Sirius XM Holdings Inc. (SIRI) Technical Analysis Report for Jul 13, 2018 | by Techniquant Editorial Team

Highlights

SIRI breaks key support level
SIRI finds support at 20-day moving average
SIRI closes within previous day's range after lackluster session
SIRI ends the day indecisive

Overview

SIRI ended the week 1.43% higher at 7.10 after edging lower $0.01 (-0.14%) today. Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range in a lackluster session. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily Candlestick Chart (SIRI as at Jul 13, 2018):

Daily technical analysis candlestick chart for Sirius XM Holdings Inc. (SIRI) as at Jul 13, 2018

Friday's trading range was $0.10 (1.4%), that's below last trading month's daily average range of $0.17. Things look different on a weekly scale, where volatility is way below the markets average with the monthly volatility being slightly above average.

Breaking below the key support level at 7.11 today, it is now likely to act as resistance going forward. After trading as low as 7.05 during the day, Sirius XM found support at the 20-day moving average at 7.08.

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.


Market Conditions for SIRI as at Jul 13, 2018

Loading Market Conditions for SIRI (Sirius XM Holdings Inc.)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Sirius XM Holdings Inc. traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!