D-Wave Quantum’s stock price (QBTS) rallied in latest intraday trading, benefitting from trading above the 50-day SMA, which bolsters the positive momentum and confirms the strength of the dominant upward trend in the short term, especially as the price moves alongside an upward trend line.
The Stochastic started showing positive divergence after reaching oversold levels compared to the price’s movements, underpinning the stock even further.
Therefore we expect more gains for the price, targeting the resistance of $22.65, provided the support of $15.15 holds on.
Today’s price forecast: Bullish
American Airlines Group’s stock price (AAL) rose in latest intraday trading, amid the dominance of the upward correctional trend in the short term, while boosted by trading above the 50-day SMA, thus readying to tackle the pivotal resistance of 12.17, with positive signals from the Stochastic after reaching oversold levels compared to the price’s movements, hinting at a positive divergence.
Therefore we expect more gains for the price, provided the resistance of $12.17 is breached, targeting the next one at $13.99.
Today’s price forecast: Bullish
MONGOBD’s stock price (MDB) fell in latest intraday trading on profit-taking, while gathering positive momentum to rise anew, while the price is hurt by piercing the main downward trend line in the short term, boosted by trading above the 50-day SMA, and coupled with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect the price to rise and target the first resistance at $250.95, provided the support of 198.58 holds on.
Today’s price forecast: Bullish
SAP SE’s stock price edged higher in latest intraday trading, amid the dominance of the main upward trend in the medium term, with ongoing positive pressure due to trading above the 50-day SMA, countered with negative signals from the Stochastic after reaching overbought levels, which could hinder upcoming gains.
Therefore we expect the stock to rise and target the resistance of $330.45, provided the support of 293.70 holds on.
Today’s price forecast: Bullish