BioNTech SE’s price (BNTX) skidded in the intraday levels amid negative signals from the RSI after reaching overbought levels, while venting off overbought saturation, as it tries to gather momentum to rise anew, while leaning on the support of the 50-day SMA, amid the dominance of the main upward trend in the short term.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $129.27, provided the support of $109.52 holds on.

Trend forecast for today: Likely Bullish 

Carnival Corporation’s stock price (CCL) fell mildly in the intraday levels amid negative pressure from trading below the 50-day SMA, while seeking a bottom to bounce it higher anew, amid the dominance of the main upward trend in the short term, with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $27.17, provided the support of $23.05 holds on.

Trend forecast for today: Likely Bullish 

Nucor Corporation’s stock price (NUE) rose in the intraday levels as it tries to recoup some recent losses, amid the dominance of the main downward short-term trend, while trading alongside the trend line, with negative pressure from trading below the 50-day SMA, coupled with negative divergence from the RSI after reaching overbought levels compared to the stock’s movements. 

Therefore we expect the price to return lower, provided it settles firmly below the resistance of $122.70, targeting the support of 101.20. 

Trend forecast for today: Likely Bearish 

Clorox Company’s stock price (CLX) fell in the intraday levels, amid the dominance of the downward correctional wave in the short term, with negative pressure due to trading below the 50-day SMA, combined with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more losses for the price, provided the support of $155.28 was reliably breached, targeting the next support at $148.00.

Trend forecast for today: Bearish