Abbott Laboratories (ABT) stock price resumed its decline in its latest intraday trading, amid the complete dominance of the main medium-term bearish trend. The stock is moving alongside a short-term minor trendline supporting this path, in addition to continued negative pressure from trading below its 50-day SMA. In the background, the stock has succeeded in easing its oversold conditions according to the Stochastic indicator, which doubles the negative pressure surrounding the stock.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $106.00 remains intact, targeting the support level at $98.00.

Today’s price forecast: Bearish

Ulta Beauty (ULTA) stock price stabilized with a decline in its latest intraday trading, influenced by its earlier break below a main short-term bullish trendline. The stock remains under negative pressure from trading below its 50-day SMA. Additionally, a negative divergence is beginning to form in the Stochastic indicator after reaching extremely overbought levels that are exaggerated relative to price action, with negative signals starting to emerge.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $579.45 remains intact, targeting the key support level at $499.35.

Today’s price forecast: Bearish

Morgan Stanley (MS) stock price recorded gains in its latest intraday trading, influenced by its earlier breakout from a descending corrective price channel that had limited the stock's short-term movements. This move provided the stock with additional positive momentum, allowing it to overcome the negative pressure from its 50-day SMA. Furthermore, positive signals continue to emerge from the Stochastic indicator, despite remaining stable within extremely overbought levels.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above support at $168.90, targeting the key resistance level at $192.65.

Today’s price forecast: Bullish

Dell Technologies (DELL) stock price recorded gains in its latest intraday trading, amid the complete dominance of the main medium-term bullish trend. The price continues to benefit from positive and dynamic pressure by trading above its 50-day SMA, which reinforces the stability of this path, especially with positive signals emerging from the Stochastic indicator after forming a positive divergence.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $166.10 remains intact, targeting the main resistance level at $200.00.

Today’s price forecast: Bullish