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Symantec Corp (SYMC) Crosses Pivot Point Resistance at $23.67

By David Diaz

Symantec Corp (NASDAQ:SYMC) has opened bullishly above the pivot of $23.52 today and has reached the first level of resistance at $23.67. Investors may be interested in a cross of the next upside pivot targets of $23.82 and $24.12.

Symantec Corp (NASDAQ:SYMC) defies analysts with a current price ($23.49) 1.4% above its average consensus price target of $23.16. Symantec Corp shares have support at the 50-day moving average (MA) of $23.30 and additional support at the 200-day MA of $22.19.

Symantec Corp share prices have moved between a 52-week high of $26.07 and a 52-week low of $17.43 and are now trading 35% above that low price at $23.49 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Symantec Corp and will alert subscribers who have SYMC in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts symantec corp

Ticker(s): SYMC