Algorand (ALGOUSD) price declined slightly in its latest intraday trading, under continued negative pressure from trading below its 50-day SMA. The main bearish trend also remains in control, with trading moving along a minor downward slope line that supports this path. Meanwhile, the Stochastic indicators have reached exaggerated overbought levels relative to the price movement, signaling the fading of the positive momentum that had helped the price hold up in recent sessions.

Therefore, we expect the currency to decline in its upcoming intraday trading, as long as the resistance level of 0.2457 holds, to then target the key support level of 0.2232.

Today’s price forecast: Bearish.

Hedera Hashgraph (HBARUSD) price declined in its latest intraday trading, with the short-term corrective bearish trend remaining in control while trading along a downward slope line that supports this path. Negative pressure also continues from trading below its 50-day SMA. On the other hand, we notice positive signals in the Stochastic indicators after previously reaching extremely oversold levels, as the price successfully unwound this selling saturation. However, the indicators have now reached exaggerated overbought levels relative to the price movement, signaling a loss of positive momentum.

Therefore, we expect the currency to decline in its upcoming intraday trading, as long as the resistance level of 0.23090 holds, to then target its first support at 0.20942.

Today’s price forecast: Bearish.

CVS Health Corporation (CVS) stock advanced in its latest intraday trading, successfully breaking through the key resistance level of 72.50. The main bullish trend remains fully in control, with trading moving along an upward slope line that supports this path, while positive pressure continues from trading above its previous 50-day SMA, which acts as dynamic support that sustains the stock’s positive outlook.

Therefore, we expect the stock to rise in its upcoming trading, especially if it confirms the break above 72.50 with a solid close, to then target its first resistance level at 76.25.

Today’s price forecast: Bullish.

eBay Inc. (EBAY) stock continued to decline in its latest intraday trading, as the stock searches for a higher bottom that could serve as a base to gain the positive momentum needed to recover. The short-term main bullish trend remains in control, with trading moving along a minor upward slope line that supports this path, while positive pressure continues from trading above its previous 50-day SMA. In addition, the Stochastic indicators have reached strongly oversold levels, exaggerated relative to the stock’s movement, suggesting the beginning of a positive divergence that will reinforce the surrounding bullish momentum.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of 87.75 holds, to then target the key resistance level of 101.15.

Today’s price forecast: Bullish.