Ford Motor Company (F) declined in its latest intraday trading, as the stock attempts to build positive momentum that could help it recover and move higher again. Negative signals are emerging from the RSI, although it has entered deeply oversold territory in an exaggerated manner relative to price action, suggesting a rapid fading of the surrounding bearish pressure. This comes as the main bullish trend remains dominant in the short term, with price action moving along a supportive trendline, while continued trading above the 50-period SMA provides dynamic support and enhances the chances of a near-term recovery.

Therefore we expect the stock price to rise during the upcoming trading, as long as support at $12.80 holds, to target the key resistance level at $13.97.

Today’s price forecast: Bullish

Accenture plc (ACN) posted limited gains in its latest intraday trading, as the stock prepares to challenge the key and stubborn resistance at $275.00. This move is supported by continued trading above its 50-day SMA, while a short-term bullish corrective trend remains in control, with price action moving along a supportive trendline. Meanwhile, the RSI has reached deeply oversold levels in an exaggerated manner relative to price action, reinforcing the chances of further upside in the period ahead.

Therefore we expect the stock price to rise during the upcoming trading, especially if it manages to break above resistance at $275.00, to target the next resistance level at $305.85.

Today’s price forecast: Bullish

Linde plc (LIN) advanced in its latest intraday trading, as a strong bullish corrective wave dominates the short term. The stock managed to break above its 50-day SMA, marking an important step toward shedding prior negative pressure. This move is further supported by positive signals from the RSI, despite the indicator remaining in deeply overbought territory.

Therefore we expect the stock price to continue rising in the upcoming trading, provided that support at $411.55 holds, to target the resistance level at $439.45.

Today’s price forecast: Bullish

Dollar Tree, Inc. (DLTR) continued to decline in its latest intraday trading, amid negative signals coming from the RSI. The stock is attempting to search for a higher low that could act as a base to regain the positive momentum needed to resume its recovery. This comes while dynamic support remains in place through trading above its 50-day SMA, alongside the dominance of the main bullish trend in the short term, with price action moving along a supportive minor trendline.

Therefore we expect the stock price to move higher in the upcoming trading, especially if the key support level at $118.00 holds, to retest the resistance level at $132.40.

Today’s price forecast: Neutral