AT&T’s stock price (T) rose in the intraday levels after leaning on the support of the 50-day SMA, lending the stock positive momentum which helped it snag the gains, after a downward correctional path that sought a supportive bottom, and amid the dominance of the main upward trend.
The stock is trading alongside a secondary short-term trend line, while a positive divergence formed in the RSI after reaching oversold levels compared to the stock’s movements.
Therefore we expect more gains for the stock, targeting the important resistance of $24.03, provided the support of $22.34 holds on.
Trend forecast for today: Bullish
Bristol-Myers Squibb Company’s stock price (BMY) expanded its gains in the intraday levels, buoyed by trading above the 50-day SMA, which gave the stock positive momentum after leaning on it, amid the dominance of the upward correctional trend, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $61.00, provided the support of $55.00 holds on.
Trend forecast for today: Bullish
Duolingo’s stock price (DUOL) slipped in the intraday levels while gathering positive momentum to rise anew, amid the dominance of the main upward trend while trading alongside a highly steep trend line, indicating the strength of the trend, with support due to trading above the 50-day SMA, while the RSI reached oversold levels compared to the stock’s movements, hinting at positive divergence.
Therefore we expect the stock to return higher, targeting the pivotal resistance of $378.50, provided the support of $318.00 holds on.
Trend forecast for today: Likely Bullish
Bill Holdings’ stock price (BILL) edged down in the intraday levels while gathering positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect the stock to return higher, targeting the pivotal resistance of $97.86, provided the support of $83.10 holds on.
Trend forecast for today: Likely Bullish