Humana Inc. (HUM) stock price edged slightly higher in its latest intraday trading, supported by the dynamic backing of trading above its 50-day SMA. The stock had earlier been boosted by breaking a major short-term downtrend line. However, gains were capped as the RSI started showing a bearish crossover after reaching overbought levels, signaling potential short-term pressure.

Therefore, we expect the stock price to rise in its upcoming trading, as long as it remains above $270.30, targeting the nearby key resistance of $298.00 in preparation to test it.

Today’s price forecast: Bullish

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 (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 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