Arista Networks, Inc. (ANET) stock price recorded continued losses in its latest intraday trading, with negative signals coming from the RSI after it had previously reached extremely overbought levels. The stock has now moved below its SMA50, increasing downside pressure, under the dominance of a short-term corrective downtrend.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains below the $136.80 resistance level, to target the key support at $121.00.

Today’s price forecast: Bearish

UiPath, Inc. (PATH) stock price recorded sideways and volatile trading over its last two sessions, as the stock attempts to recover part of its previous losses while also trying to unwind its oversold conditions on the RSI, with an early positive crossover starting to appear. However, negative pressure remains due to trading below its SMA50, alongside the prior break of a short-term upward trend line, which keeps the near-term outlook weak.

Therefore we expect the stock price to decline in upcoming trading, as long as the $13.90 resistance level remains intact, to target the key support at $10.50.

Today’s price forecast: Bearish

The price of (ETHUSD) rose in its last intraday trading, benefiting from the emergence of the positive signals from relative strength indicators, attempting to recover some of its previous losses, amid the dominance of the main bearish trend on short-term basis, and its trading alongside steep minor trend line indicates the strength of this track, especially with the continuation of the negative dynamic pressure that is represented by its trading below EMA50, intensifying the negative pressures.

Brent prices declined in their last intraday trading, offloading its positive chances that might help it to recover and rise again, where it surpassed EMA50’s support by its last trading, putting it under negative pressure that intensifies with the emergence of negative overlapping signals from relative strength indicators, after offloading some of oversold conditions, on the other hand, the bullish trend remains the main dominant trend with the trading alongside supportive trend line.