Xerox Holdings stock price (XRX) edged higher in latest intraday trading, after leaning on the support of the 50-day SMA, with positive signals emerging from the Stochastic after reaching oversold levels, as the price suffers from the complete dominance of the main downward trend, as the price trades alongside the secondary short-term trend line, indicating an attempt to vent off the oversold saturation.

Therefore we expect the price to decline and target the pivotal support of $3.45, provided the resistance of $6.07 holds on.

Todays price forecast: Bearish