Alpha Quark Token (AQTUSDT) price declined in its latest intraday trading after hitting resistance at the 50-period SMA, exposing it to negative pressure that intensified with the emergence of bearish signals from the relative strength indicators, after reaching extremely overbought levels. The price is now attempting to gather positive momentum to help overcome this pressure, within the context of a prevailing short-term uptrend and trading along a supporting trendline.
Therefore we expect the price to rise in upcoming intraday trading, provided it first breaks through the resistance level at 1.1960, aiming next for the resistance at 1.3117.
Today’s price forecast: Bullish.
MyNeighborAlice (ALICEUSDC) price held steady with an upward bias in its latest intraday trading, attempting to break free from the negative pressure of the 50-period SMA. However, relative strength indicators have entered extremely overbought territory, with early signs of negative signals emerging. This is currently limiting upward momentum as the price consolidates gains and seeks renewed positive momentum for another potential rise.
Therefore we expect the price to rise in upcoming intraday trading, provided it first breaks through the resistance level at 0.448, aiming next for the resistance at 0.481.
Today’s price forecast: Bullish.
PVH Corp (PVH) stock advanced slightly in its latest intraday trading, supported by its position above the previous 50-day SMA, which provides renewed positive momentum in the short term. However, the stock remains under the dominance of a main downward trend, trading along a descending trendline that reinforces this bearish direction. Additionally, a negative crossover has begun to emerge in relative strength indicators after reaching extremely overbought levels, increasing downward pressure on the stock.
Therefore we expect the stock price to decline in upcoming intraday trading, as long as the resistance at $80.50 holds, targeting the support level at $70.00.
Today’s price forecast: Bearish.
The stock price of American Express Company (AXP) rose in its latest intraday trading, supported by positive momentum from trading above its previous 50-day SMA. The stock remains under the control of a main upward trend, moving along a short-term ascending trendline. Additionally, we observe the emergence of a positive divergence in relative strength indicators after reaching extremely oversold levels—an exaggerated condition compared to the stock’s actual price movement—along with early positive signals starting to appear.
Therefore we expect the stock price to rise in upcoming sessions, as long as the support at $301.75 remains intact, targeting the key resistance level at $329.00.
Today’s price forecast: Bullish.