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WLD price faces negative outlook - Analysis - 02-09-2025

Economies.com
2025-09-02 12:28PM UTC
AI Summary
  • WLD (WLDUSD) price faces negative outlook due to trading below 50-day SMA and Stochastic indicators reaching overbought levels
  • Currency expected to retreat in upcoming intraday trading, targeting key support level of 0.84500646
  • Today's price forecast: Bearish

WLD (WLDUSD) price declined in its latest intraday trading, under continued negative pressure from trading below its 50-day SMA, which acts as dynamic resistance limiting recovery attempts. The price also moves along a minor downward trend line on the short term, while the Stochastic indicators have reached strongly overbought levels with a negative crossover beginning to appear.

 

Therefore, we expect the currency to retreat in its upcoming intraday trading, as long as the resistance level of 0.91985453 holds, to then target the key support level of 0.84500646 in preparation to break it.

 

Today’s price forecast: Bearish.

Bristol-Myers Squibb price receives some support - Forecast today - 02-09-2025

Economies.com
2025-09-02 12:22PM UTC

Bristol-Myers Squibb Company (BMY) stock advanced in its latest intraday trading, after finding support at its previous 50-day SMA, which provided positive momentum helping it achieve those gains. The stock had earlier managed to unwind its clear overbought levels in the Stochastic indicators, while the short-term corrective bullish wave remains in control.

 

Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 46.20 holds, to then target the key resistance level of 49.25 in preparation to test it.

 

Today’s price forecast: Bullish.

Duolingo price deepens losses - Forecast today - 02-09-2025

Economies.com
2025-09-02 12:22PM UTC

Duolingo, Inc. (DUOL) stock slipped lower in its latest intraday trading, with the short-term corrective bearish trend remaining in control as trading moves along a downward slope line that supports this path. Negative pressure also continues from trading below its previous 50-day SMA, while additional bearish signals are appearing in the Stochastic indicators, despite being in oversold territory.

 

Therefore, we expect the stock to decline in its upcoming trading, as long as it remains stable below 337.80, to then target the key support level of 262.70.

 

Today’s price forecast: Bearish.

Fortinet price shows more signs of weakness - Forecast today - 02-09-2025

Economies.com
2025-09-02 12:22PM UTC

Fortinet, Inc. (FTNT) stock declined slightly in its latest intraday trading, after previously holding steady against short-term losses supported by positive signals in the Stochastic indicators. However, those indicators have recently reached strongly overbought levels, exaggerated relative to the stock’s movement, suggesting the formation of a negative divergence. This points to the fading of the positive momentum that had surrounded the stock, while continued negative pressure persists from trading below its previous 50-day SMA.

 

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 81.70 holds, to then target the support level of 70.12.

 

Today’s price forecast: Bearish.