Fortinet price rises cautiously - Forecast today - 10-07-2025
AI Summary
- Fortinet, Inc.'s stock price (FTNT) is rising cautiously, benefiting from support above the 50-day SMA and a short-term rising trend line
- Negative signals are starting to appear from the Stochastic indicator, which may cap recent gains
- The stock is expected to rise in upcoming trading as long as the support of $98.60 holds, with a target resistance of $114.80. Today's price forecast is bullish.
Fortinet, Inc.’s stock price (FTNT) inched higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend and trading alongside a short-term rising trend line. However, in contrast, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, which has capped recent gains.
Therefore we expect the stock to rise in upcoming trading, as long as the support of $98.60 holds on, targeting the pivotal resistance of $114.80.
Today’s price forecast: Bullish
GitLab price shows more negative signs - Forecast today - 10-07-2025
GitLab’s stock price (GTLB) inched higher in latest intraday trading, retesting the pivotal resistance level of $47.75, while simultaneously touching the resistance of the 50-day SMA — a move that adds to the stock’s negative pressure. This comes alongside emerging negative signals streaming from the Stochastic after reaching extremely overbought levels, exaggerated relative to the price movement, suggesting the start of a negative divergence.
Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $47.75 holds on, targeting the pivotal support level of $40.40.
Today’s price forecast: Bearish
Forecast update for Ethereum -10-07-2025
The price of (ETHUSD) settled high in its recent intraday levels, settling in a truce to catch its breath by gathering its gains, and offloading some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals on them, gathering its positive strength that might assist it to rise again, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line.
Forecast update for Bitcoin -10-07-2025
The price of (BTCUSD) is gathering its gains in its intraday levels, declining slightly in attempt to gather its positive momentum that it assist it to rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the stability of its trading above the psychological support at $110,000, supported by its trading above EMA50.