Applied Materials price pierces pivotal resistance - Forecast today - 28-11-2025

Kroger Company (KR) extended its gains in its latest intraday trading, successfully breaking above the resistance of its previous 50-day SMA, accompanied by the early emergence of a positive crossover on the RSI indicators after the stock managed to relieve its overbought saturation. This provides wider room for further near-term gains, allowing the price to attack the upper boundary of a descending corrective price channel that has been containing its recent short-term movement.

Zscaler Inc. (ZS) slid lower in its latest intraday trading under the dominance of a short-term corrective downward wave, accompanied by sustained negative pressure from trading below its previous 50-day SMA. This led to a break of the pivotal support level at $260.40, accompanied by a significant increase in trading volumes, indicating the technical validity of this breakdown. This comes especially with the emergence of a negative crossover on the RSI indicators after the stock successfully relieved part of its oversold saturation.

ServiceNow (NOW) declined in its latest intraday trading, under the dominance of the main medium-term descending trend, with the price moving alongside a short-term secondary trendline. Continuous negative pressure persists as the stock trades below its previous 50-day SMA. In addition, we note that the RSI indicators have reached extremely overbought levels compared to the stock’s movement, suggesting the early formation of a negative divergence.