Ford (F) stock advanced in its latest intraday trading, preparing to test the key resistance level of 11.96. The stock had earlier managed to unwind its clear overbought levels in the Stochastic indicators, giving it more room to target new levels in the near term. Positive pressure continues from trading above its previous 50-day SMA, while the short-term main bullish trend remains in control, with trading moving along an upward slope line.

Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above 11.39, to then target the mentioned resistance of 11.96 in preparation to test it.

Today’s price forecast: Bullish.

Accenture plc (ACN) stock declined in its latest intraday trading, under continued negative pressure from trading below its previous 50-day SMA. This bearish outlook is further reinforced by the stock’s movement along a main short-term downward trend line. In addition, a negative divergence has formed in the Stochastic indicators after reaching strongly overbought levels, exaggerated relative to the stock’s movement, with negative signals starting to appear.

Therefore, we expect the stock to decline in its upcoming trading, as long as it remains stable below the resistance level of 262.17, to then target the key support level of 236.67.

Today’s price forecast: Bearish.

Linde plc (LIN) stock advanced in its latest intraday trading, after finding support at its previous 50-day SMA. The short-term main bullish trend remains in control, with trading moving along an upward slope line that supports this path. In addition, the Stochastic indicators have reached strongly oversold levels, exaggerated relative to the stock’s movement, suggesting the beginning of a positive divergence, especially with a positive crossover starting to appear.

Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above the support level of 468.00, to then target the key resistance level of 487.50.

Today’s price forecast: Bullish.

Dollar Tree, Inc. (DLTR) stock declined in its latest intraday trading, as a steep short-term corrective bearish wave remains in control. Negative pressure also continues from trading below its previous 50-day SMA, while the latest decline was accompanied by a noticeable increase in trading volumes. In addition, negative signals are flowing from the Stochastic indicators, despite remaining in strongly oversold areas.

Therefore, we expect the stock to decline in its upcoming trading, as long as it remains stable below the resistance level of 104.85, to then target the support level of 94.20.

Today’s price forecast: Bearish.