SYMC closes higher for the 2nd day in a row


Symantec Corporation (SYMC) Technical Analysis Report for Jul 13, 2018 | by Techniquant Editorial Team

Highlights

SYMC closes higher for the 2nd day in a row
SYMC rises to highest close since May 18th
SYMC closes within previous day's range

Overview

Moving higher for the 2nd day in a row, SYMC finished the week 1.83% higher at 21.67 after edging higher $0.05 (0.23%) today. Today's closing price of 21.67 marks the highest close since May 18th. Closing within the previous day's range, prices failed to decisively move past the prior day's trading range.

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

Daily technical analysis candlestick chart for Symantec Corporation (SYMC) as at Jul 13, 2018

Friday's trading range was $0.48 (2.19%), that's far above last trading month's daily average range of $0.35. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly above average.

While the share is experiencing a short-term up trend, this could just be a correction, as both the medium and long term trends are still in negative territory.


Market Conditions for SYMC as at Jul 13, 2018

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