Seagate Technology PLC Stock Code STX.NAS
Price broke below the cloud in the previous trading session, changing the chart outlook to bearish. Price also broke below a recent low, creating an Ichimoku reversal with a V-shaped price projection target at $81.13. Conversion line and Base line had a bearish crossover and is hinting at a bearish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD has a bearish crossover, hinting at a bearish price trend. MACD had also given a divergence warning when price hit the peak. If price is unable to move above the cloud, it could be heading towards the support at $85.20.
$85.20 Price Target
$102.20 Risk Management Stop
3 weeks Trade Duration