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3M price tries to shake off negative pressure - Forecast today - 08-08-2025

Economies.com
2025-08-08 12:59PM UTC
AI Summary
  • 3M Company's stock price (MMM) rose in latest intraday trading, supported by positive signals from the Relative Strength Index and a medium-term upward trend
  • Stock broke above resistance of its 50-day moving average, neutralizing prior downside pressure and strengthening outlook for further gains
  • Price forecast for 3M is bullish, with next target at $164.00 resistance level as long as support holds at $141.35

3M Company's stock price (MMM) rose in its latest intraday trading, driven by positive signals from the Relative Strength Index and supported by a medium-term upward trend, as the stock continues to trade along a rising trendline. This latest advance enabled the stock to break above the resistance of its 50-day simple moving average — a key move that helps neutralize prior downside pressure and strengthens the outlook for further gains.

 

Therefore, we expect the stock price to rise in upcoming sessions, as long as support holds at $141.35, with the next target at the $164.00 resistance level.

 

Today’s price forecast: Bullish.

 

 

 

 

 

Coinbase price receives some support - Forecast today - 08-08-2025

Economies.com
2025-08-08 12:58PM UTC

Coinbase Global's stock price (COIN) advanced in its latest intraday trading, supported by a bounce from a short-term ascending trendline that provided positive momentum. This upward move coincided with the Relative Strength Index reaching deeply oversold levels, suggesting a potential bullish divergence, especially as early positive signals begin to appear. The stock is also attempting to overcome negative pressure from the 50-day simple moving average.

 

Therefore, we expect the stock price to rise in upcoming sessions, provided support at $293.30 holds, targeting the resistance level of $365.75.

 

Today’s price forecast: Bullish.

 

 

 

 

 

 

 

Uber price surrounded with positive pressures - Forecast today - 08-08-2025

Economies.com
2025-08-08 12:58PM UTC

Uber Technologies' stock price (UBER) advanced in its latest intraday trading, supported by a bounce from the 50-day simple moving average, within the context of a prevailing short-term uptrend and movement along a supporting trendline. Positive signals are also emerging from the Relative Strength Index after reaching highly oversold levels, adding strength to the recovery outlook.

 

Therefore, we expect the stock price to rise in upcoming sessions, as long as support at $85.45 remains intact, targeting the key resistance level of $97.70.

 

Today’s price forecast: Bullish.

 

 

 

 

Airbnb price skids - Forecast today - 08-08-2025

Economies.com
2025-08-08 12:58PM UTC

Airbnb's stock price (ABNB) slid lower in its latest intraday trading, breaking below the $126.95 support level, accompanied by a significant increase in trading volume — a signal that technically validates the breakdown. This drop follows a prior breach of a short-term corrective uptrend line, while continued negative pressure from trading below the 50-day simple moving average further amplifies the bearish outlook.

 

Therefore, we expect the stock price to decline in upcoming sessions, especially while it remains below the $126.95 level, targeting the next support at $112.55.

 

Today’s price forecast: Bearish.