Dominion Energy, Inc (D) stock rose in its latest intraday trading, challenging the current resistance level at $58.30. The move comes amid a prevailing short-term corrective uptrend and trading along an ascending trendline. Positive momentum continues as the stock holds above its 50-day SMA, supported further by early bullish signals from the Relative Strength Index. The stock had previously cleared overbought RSI conditions, allowing room for additional gains.

Therefore we expect the stock to rise in upcoming sessions, especially if it breaks above the $58.30 resistance level, targeting the next resistance at $60.25.

Today’s price forecast: Bullish.

Dow Inc. (DOW) stock declined in its latest intraday trading, following a rebound from resistance at the 50-day SMA. The stock remains under the control of a prevailing downtrend, trading along a short-term descending trendline. However, a potential bullish crossover in the Relative Strength Index is beginning to emerge, which may help limit further losses.

Therefore we expect the stock to decline in upcoming sessions, as long as resistance at $31.00 holds, targeting the key support level at $25.00.

Today’s price forecast: Bearish.

Lennar Corporation (LEN) stock resumed its decline in recent intraday trading, after a brief attempt to relieve its clearly oversold RSI conditions, especially with the early signs of a potential bullish crossover. However, the stock remains under negative pressure from the 50-day SMA and continues to move within a dominant downward trend, trading along a short-term descending trendline.

Therefore we expect the stock to decline in upcoming sessions, as long as it stays below $114.30, targeting the initial support level at $103.55.

Today’s price forecast: Bearish.

ConocoPhillips (COP) stock declined in its latest intraday trading, amid bearish signals from the Relative Strength Index. Despite this, the stock appears to be seeking positive momentum that may support a rebound. The recent dip found support at the 50-day SMA, while the stock continues to trade within a short-term corrective uptrend along a supportive ascending trendline.

Therefore we expect the stock to rise in upcoming sessions, as long as support at $88.80 holds, targeting the key resistance level at $98.25.

Today’s price forecast: Bullish.