AT&T INC (T) stock price rose during its latest intraday trading after successfully holding above the $27.45 support level, which provided positive momentum and helped the stock achieve these gains. This comes amid the dominance of the main upward trend in the short term, along with continued dynamic support as the stock trades above the 50-day simple moving average. We also notice the beginning of a positive crossover on the RSI after reaching deeply oversold levels, in an excessive manner compared to price action, suggesting the early formation of a positive divergence.

Therefore we expect the stock price to rise during upcoming trading sessions, as long as it remains stable above the $27.45 support level, targeting the $29.80 resistance level.

Today’s price forecast: Bullish

DEERE & COMPANY (DE) stock price advanced during its latest intraday trading, amid full control of the main upward trend over both the medium and short term. The stock continues to receive dynamic support as it trades above the 50-day simple moving average. In addition, the RSI has reached deeply oversold levels, in an exaggerated manner compared with price action, while a positive crossover has started to appear, signaling the formation of a positive divergence that reinforces the bullish pressure surrounding the stock.

Therefore we expect the stock price to rise during upcoming trading sessions, as long as it remains above the support level at $590.95, targeting the key resistance level at $674.00.

Today’s price forecast: Bullish

NIKE, INC (NKE) stock price declined during its latest intraday trading, as the price moved below the 50-day simple moving average, increasing the negative pressure surrounding the stock. This comes amid the dominance of a short-term downward sub-trend, with price movements aligned along a supporting trendline for this bearish path. In addition, negative signals continue to appear on the RSI after previously reaching heavily overbought levels.

Therefore we expect the stock price to decline during upcoming trading sessions, as long as it remains below the resistance level at $65.40, targeting the first support level at $60.30.

Today’s price forecast: Bearish

BAIDU, INC (BIDU) stock price continued to decline in its latest intraday trading, affected by breaking a main short-term upward trend line, while remaining under persistent negative and dynamic pressure as it trades below the 50-day simple moving average. In the background, negative signals continue to emerge from the RSI, despite reaching heavily oversold levels.

Therefore we expect the stock price to decline in upcoming trading sessions, as long as it remains below the resistance level at $133.50, targeting the first support level at $118.00.

Today’s price forecast: Bearish