Boeing Company (BA) stock price recorded a slight decline in its latest intraday trading, as the stock attempts to gain positive momentum that may help keep the main medium-term uptrend intact. Price action continues to move alongside a supporting trend line, while still trading above the 50-day SMA, which provides dynamic support and improves the chances of a near-term recovery.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains above the $228.95 support level, targeting the $259.00 resistance level.

Today’s price forecast: Bullish

Mccormick & Company, Incorporated (MKC) stock price recorded further gains in its latest intraday trading, confirming the breakout of a main medium-term bearish trend line, which pushed the stock to challenge the key resistance at $70.00. The price continues to receive dynamic support from trading above the 50-day SMA, while momentum indicators have started to show a negative crossover, which may limit upcoming gains.

Therefore we expect the stock price to rise in upcoming trading, especially if it manages to break above the $70.00 resistance level, targeting the next resistance at $77.00.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in its last intraday trading, amid the emergence of the positive signals from relative strength indicators, to reach overbought levels, exaggeratedly compared to the price move, to indicate a quick decline in the bullish momentum, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis.

Brent prices declined in their last intraday trading, attempting to look for higher low to take it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend above EMA50, with the relative strength indicators reaching oversold levels, exaggeratedly compared to the price move.