Dollar General Corporation (DG) stock price recorded a decline in its latest intraday trading, as the stock moved below the support of its 50-day SMA, which increases the surrounding negative pressure. The price is also affected by a negative technical pattern formed in the short term, represented by a rising wedge, alongside negative signals emerging from the Stochastic indicator despite reaching deeply oversold levels.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $154.75, targeting the support level at $140.00.

Today’s price forecast: Bearish

Domino’s Pizza Inc. (DPZ) stock price recorded gains in its latest intraday trading, as the stock attempts to break above a main short-term bearish trendline. This move comes alongside efforts to overcome the negative pressure from its 50-day SMA, which could signal a more sustainable recovery in the near term. In addition, positive signals are emerging from the Stochastic indicator after the stock managed to ease its overbought conditions, giving it more room to achieve further gains.

Therefore we expect the stock price to rise during its upcoming trading sessions, provided that support at $397.00 remains intact, targeting the resistance level at $442.00.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in its last intraday trading, before reaching EMA50’s resistance, which might put the price under negative pressure on an intraday basis, accompanied by reaching exaggerated overbought levels by the relative strength indicators, increasing the likelihoods of facing profit taking or temporary decline. The bearish trend remains dominant on short-term basis, which might limit the ability to continue the rise unless they breach this resistance and hold above it.

Brent prices declined in their last intraday trading, in attempt to gather its previous gains quickly, and attempts to close this price gap, amid the emergence of negative signals from the relative strength indicators, after reaching overbought levels, to gather its positive strength that might help it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price return to rise in the upcoming period.