D.R. Horton, Inc. (DHI) stock price recorded a decline in its latest intraday trading, as the stock attempts to gain positive momentum that could help it move higher again. At the same time, the price is trying to ease its overbought conditions on the Stochastic indicator, especially with the emergence of negative signals. This pullback has brought the stock to test support at its 50-day SMA, which supports the chances of a near-term recovery, particularly as the main short-term bullish trend remains dominant with price moving alongside a supporting trendline.

Therefore we expect the stock price to rise during its upcoming trading sessions, provided that support at $150.00 remains intact, targeting the resistance level at $169.00.

Today’s price forecast: Bullish

Dominion Energy, Inc. (D) stock price recorded a decline in its latest intraday trading, as the stock attempts to form a higher low that could serve as a base for regaining positive momentum and restoring its recovery. Dynamic support remains in place as the price continues to trade above its 50-day SMA, reinforcing the stability and dominance of the main short-term bullish trend. In the background, the Stochastic indicator has reached deeply oversold levels relative to price action.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $62.00 remains intact, targeting the resistance level at $67.50.

Today’s price forecast: Bullish

Dow Inc. (DOW) stock price recorded a decline in its latest intraday trading, as the stock continues its attempts to form a higher low that could serve as a base for regaining positive momentum and restoring its recovery. This comes amid the dominance of a short-term corrective bullish trend, with continued dynamic support represented by trading above its 50-day SMA. In addition, the Stochastic indicator is beginning to form a positive divergence after reaching deeply oversold levels relative to price action, accompanied by the emergence of a positive crossover.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $28.50 remains intact, targeting the resistance level at $34.75.

Today’s price forecast: Bullish

Lennar Corporation (LEN) stock price recorded a decline in its latest intraday trading, as the price fell below its 50-day SMA, effectively ending near-term recovery attempts. This comes amid the dominance of the main medium-term bearish trend, with price moving alongside a trendline supporting this path, in addition to negative signals emerging from the Stochastic indicator.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $118.10, targeting the key support level at $102.80.

Today’s price forecast: Bearish