VeThor Token’s currency price (VTHOUSD) inched slightly higher in latest intraday trading, as it attempts to vent off some of its apparent oversold saturation on the Stochastic, especially with positive signals starting to emerge. However, ongoing negative pressure persists due to trading below the 50-period SMA, under the dominance of the main downward trend and further weighed by a recent break of a short-term upward correctional trend line — all of which reinforces the bearish outlook.
Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of $0.001934 holds on, targeting the first support at $0.001826.
Today’s price forecast: Bearish
Hedera’s currency price (HBARUSD) rose in latest intraday trading, supported by ongoing positive pressure from trading above the 50-period SMA, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line. With this rise, the price is now attacking the current resistance level of 0.16118, after previously venting off its overbought saturation on the Stochastic, allowing positive signals to start emerging.
Therefore we expect the currency to rise in upcoming intraday trading, especially if it breaches the mentioned resistance of 0.16118, targeting the next resistance at 0.17530.
Today’s price forecast: Bullish
Procter & Gamble’s stock price (PG) declined in latest intraday trading, amid ongoing negative pressure from trading below the 50-day SMA and under the dominance of the main downward trend, while moving alongside a short-term descending trend line. Additionally, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, exaggerated relative to the stock’s movement, indicating the beginning of a negative divergence that would further intensify bearish pressure.
Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $163.15 holds on, targeting the pivotal support level of $157.50.
Today’s price forecast: Bearish
United Airlines Holdings, Inc.’s stock price (UAL) edged slightly lower in latest intraday trading, as it attempts to gather the positive momentum needed to attack the pivotal resistance of $84.85, while also trying to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This comes amid the dominance of the main upward trend and trading alongside a short-term rising trend line, supported by dynamic support from trading above the 50-day SMA.
Therefore we expect the stock to rise in upcoming trading, provided it first breaches the aforementioned resistance of $84.85, targeting the next resistance at $96.00.
Today’s price forecast: Bullish