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General Electric price seeks a bottom to boost it - Forecast today - 20-08-2025

Economies.com
2025-08-20 12:55PM UTC
AI Summary
  • General Electric stock price is seeking a higher bottom to boost positive momentum for recovery and an upward move
  • The stock is currently trading above the 50-day SMA with a bullish short-term trend and a positive divergence forming in the RSI
  • Forecast predicts the stock price to rise in upcoming trading, targeting a resistance level of $281.50 as long as support holds at $257.45

General Electric (GE) stock price declined in its latest intraday trading, as the stock attempts to establish a higher bottom that could serve as a base to regain the needed positive momentum for recovery and a fresh upward move. The dynamic support of trading above the 50-day SMA continues to hold, while the main short-term trend remains bullish. In addition, a positive divergence is beginning to form in the RSI, which recently fell into extremely oversold levels, with signs of a bullish crossover now emerging.

 

Therefore, we expect the stock price to rise in its upcoming trading, as long as support holds at $257.45, targeting the resistance level of $281.50.

 

Today’s price forecast: Bullish

General Mills price shows more negative signs - Forecast today - 20-08-2025

Economies.com
2025-08-20 12:55PM UTC

General Mills (GIS) stock price inched higher in its latest intraday trading, as the stock attempts to recover part of its earlier losses, while the overall downtrend continues to dominate both the medium- and short-term outlook. Ongoing negative pressure remains as the stock trades below its 50-day SMA, in addition to the emergence of a bearish crossover in the RSI after reaching strongly overbought levels.

 

Therefore, we expect the stock price to decline in its upcoming trading, as long as resistance remains capped at $51.70, targeting the support level at $57.55.

 

Today’s price forecast: Bearish

Occidental Petroleum price tries to vent off overbought saturation - Forecast today - 20-08-2025

Economies.com
2025-08-20 12:54PM UTC

Occidental Petroleum Corporation (OXY) stock price edged slightly lower in its latest intraday trading, as the stock attempts to gather positive momentum that may help it recover and rise again. At the same time, it is trying to relieve some of the clear overbought pressure indicated by the RSI, especially as negative signals begin to emerge, with the decline finding support from the 50-day SMA, while the short-term corrective uptrend continues to dominate and the stock trades along a supportive upward sloping line.

 

Therefore, we expect the stock price to rise in its upcoming trading, as long as it remains stable above the $42.30 support level, targeting the key resistance level at $47.30.

 

Today’s price forecast: Bullish

 

Forecast update for Ethereum -20-08-2025

Economies.com
2025-08-20 11:50AM UTC

The price of (ETHUSD) declined in its last intraday trading, after it succeeded in its early trading to recover some of its previous losses, and offloading the clear oversold conditions on the (RSI), amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis and its trading alongside a supportive bias line for this track.

 

 

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