AGILENT TECH INC. Stock Code A.NYS
Price reached a low at $120.40 on 27 September and there was a rally. The rally was capped by the cloud and in the previous trading session, price closed below the cloud, resuming its downtrend again. Conversion and Base lines had a bearish crossover earlier, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bearish with both lines below the zero line. MACD is hinting at a bearish price trend. We think price is likely to move low to the previous price low at $112.26 in the next 2-3 weeks.
$112.30 Price Target
$134.60 Risk Management Stop
3 weeks Trade Duration