Xerox Holdings Corp (XRX) inched higher in its latest intraday trading, as positive signals began to appear on the RSI, attempting to unwind its oversold conditions. However, downward pressure persists with the stock trading below its 50-day SMA, while the broader medium-term downtrend continues to dominate.

Therefore, we expect the stock to decline in its upcoming trading, as long as resistance holds at 4.40, targeting the key support level of 3.45.

Todays price forecast: Bearish.