Duolingo, Inc. (DUOL) declined in its latest intraday trading, amid continued negative pressure from trading below its previous 50-day SMA, which reinforces the stability and dominance of the main short-term descending trend, with the price moving alongside a trendline. In addition, negative signals continue to flow from the RSI indicators after reaching extremely overbought levels, reflecting a loss of positive momentum in the near term.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $213.00 remains intact, targeting the pivotal support level at $166.35.

Today’s price forecast: Bearish

Fortinet, Inc. (FTNT) declined in its latest intraday trading, amid ongoing negative signals from the RSI indicators despite their presence in oversold territory. This comes alongside sustained dynamic bearish pressure from trading below its previous 50-day SMA, under the dominance of the main short-term descending trend.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $87.20 remains intact, targeting the first support level at $77.20.

Today’s price forecast: Bearish

GitLab (GTLB) declined in its latest intraday trading, amid full dominance of the main medium-term descending trend, with the stock moving alongside a short-term secondary trendline. Negative pressure continues as the price trades below its previous 50-day SMA. In addition, negative signals are flowing from the RSI indicators after they reached extremely overbought levels in an exaggerated manner compared with the stock’s price action.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $41.55 remains intact, targeting the support level at $35.80.

Today’s price forecast: Bearish

Dick’s Sporting Goods Inc. (DKS) continued to decline in its latest intraday trading, amid sustained dynamic negative pressure from trading below its previous 50-day SMA. This move is accompanied by negative signals flowing from the RSI indicators after they had earlier reached extremely overbought levels, increasing the bearish pressure surrounding the stock in the coming period.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $222.00 remains intact, targeting the support level at $197.20.

Today’s price forecast: Bearish