Neiro (NEIROUSDT) price advanced in its latest intraday trading, supported by positive signals appearing in the Stochastic indicators, despite being in overbought territory. With this rise, the price is testing the pivotal resistance level of 0.00034736, while also attempting to overcome the negative pressure of its 50-day SMA. The main bearish trend still dominates, with trading moving along a minor downward trend line on the short term that supports this path.
Therefore, as long as the price remains below the mentioned resistance of 0.00034736, our expectations lean toward a decline on the intraday outlook, targeting once again the key support level of 0.00032115.
Today’s price forecast: Neutral.
HP Inc. (HPQ) stock advanced slightly in its latest intraday trading, preparing to test the key resistance level of 29.50. The short-term corrective bullish trend remains in control, with trading moving along an upward slope line that supports this path. Positive pressure also continues from trading above its previous 50-day SMA. On the other hand, a negative crossover has started to appear in the Stochastic indicators after reaching strongly overbought levels, which may limit the stock’s upcoming gains.
Therefore, we expect the stock to rise in its upcoming trading, but on the key condition that it first breaks the mentioned resistance of 29.50, to then target its first resistance level at 31.40.
Today’s price forecast: Bullish.
Ford (F) stock advanced in its latest intraday trading, preparing to test the key resistance level of 11.96. The stock had earlier managed to unwind its clear overbought levels in the Stochastic indicators, giving it more room to target new levels in the near term. Positive pressure continues from trading above its previous 50-day SMA, while the short-term main bullish trend remains in control, with trading moving along an upward slope line.
Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above 11.39, to then target the mentioned resistance of 11.96 in preparation to test it.
Today’s price forecast: Bullish.
Accenture plc (ACN) stock declined in its latest intraday trading, under continued negative pressure from trading below its previous 50-day SMA. This bearish outlook is further reinforced by the stock’s movement along a main short-term downward trend line. In addition, a negative divergence has formed in the Stochastic indicators after reaching strongly overbought levels, exaggerated relative to the stock’s movement, with negative signals starting to appear.
Therefore, we expect the stock to decline in its upcoming trading, as long as it remains stable below the resistance level of 262.17, to then target the key support level of 236.67.
Today’s price forecast: Bearish.