Vontier trades at $27.27 after United States Services PMI was released today at 13:45 UTC.

Currently trading at $27.32, Vontier remains range-bound between $27.08 and $27.35.

• Vontier is currently trading at $27.32 following the release of Services PMI data from the United States.
• Today's gains are adding to Vontier's a month bullish trend, during which it gained a total of $4.15.

United States Services PMI released today at 13:45 UTC with a figure of 53.7, while the previous figure was 52.6. United States Existing Home Sales (Mar) came out at 4.44 million, while a consensus of analysts was expecting 4.5 million.

Vontier Corporation could be slowing down soon as it approaches resistance at $27.5. Of course, crossing it might suggest further gains are ahead. Although up today, early price action saw Vontier dropping below its 5 day Simple Moving Average at $27.14 — an early indicator that a new downward trend could be emerging. Vontier's upper Bollinger Band® is at $27.79, this is a slight indication of a slowdown.

Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Vontier is set for a reversal in the coming days.

SAP is trading at $133.4 after ending yesterday's session at $126.86 (up 5.16%). After closing the previous session (yesterday) at $89.29, TSM lost $3.21 and is trading around $86.08. Intel is down to $30.34, losing 1.67%, after ending yesterday at $30.86.

Trading mostly sideways for 1 year, 5 months. The North Carolina manufacturing company has gained 38.87% since its lowest print of $16.71 earlier this year.