$NXPI NXP Semiconductors N.V. Stock Robo Analyst May 31 2020 #NXPI
NXP Semiconductors N.V. (NXPI) “On a long-term technical basis, the stock (NXPI) is trading below its 200-day moving average which generally implies it is in a negative trend.
The stock has support at 91.74 and 85.84. If the stock breaks down through support at 91.74 then it will probably continue lower to 85.84. The stock has resistance at 96.97 and at 107.83. If the stock breaks up through resistance at 96.97 then it will probably continue higher to 107.83. The 200-day moving average is at 109.82. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 91.74 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (64.36).”