Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Apple readies to tackle important resistance - Analysis - 26-05-2023

Economies.com
2023-05-26 13:21PM UTC

Apple's stock (AAPL) returned higher in the intraday levels amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, readying to tackle the important resistance of 176.15, and marking a profit of 0.67% in the last session, or 1.15 points, while settling at 172.99, as the RSI reached oversold levels compared to the stock's movements. 

 

Therefore we expect the stock to rise and target the historic resistance of 182.95, provided the resistance of 176.15 is breached. 

 

Expected trend for today: Bullish

Affirm Holdings tries to vent off overbought saturation - Analysis - 26-05-2023

Economies.com
2023-05-26 13:20PM UTC

Affirm Holdings' stock (AFRM) fell in the intraday levels, while gathering positive momentum to rise anew, while venting off overbought saturation in the RSI amid negative signals out of them, marking a loss of 4.13% in the last session, or 49 cents, and settling at 13.71, amid the dominance of the upward correctional short-term wave, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the first resistance at 16.40, provided the support of 11.95 holds on.

 

Expected trend for today: Bullish

Agilent Technologies extends losses - Analysis - 26-05-2023

Economies.com
2023-05-26 13:20PM UTC

Agilent Technologies' stock (A) kept falling in the intraday levels, marking a fresh loss of 1.24% in the last session, or 1.50 points, and settling at 119.49, amid the dominance of the downward medium-term trend alongside the short-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the pivotal support of 112.50, provided the resistance of 124.50 holds on.

 

Expected trend for today: Bearish

Midday update for Brent oil 26-05-2023

Economies.com
2023-05-26 09:16AM UTC

Brent oil price trades positively to approach the sideways range’s resistance at 76.80, and the sideways move scenario still valid until confirming breaching one of the mentioned range’s lines represented by the mentioned resistance and 74.30 support line followed by detecting the next destination clearly.

 

To review the details of the expected targets after the breach, please check our morning issued report.

 

The expected trading range for today is between 74.00 support and 77.70 resistance.

 

The expected trend for today: Sideways