International Paper Company (IP) stock declined during its latest intraday trading, amid the dominance of the main downward trend, with a sharply declining sub-trend controlling price action in the short term, alongside continued negative pressure as the stock trades below its 50-day simple moving average. In the background, early signs of a bearish crossover are emerging on the Relative Strength Index after reaching heavily overbought levels, suggesting the beginning of a negative divergence.

Therefore, we expect the stock price to decline in upcoming trading sessions as long as the resistance level at $38.00 holds, targeting the key support level at $33.60.

Today’s price forecast: Bearish

Marvell Technology (MRVL) stock price declined during its latest intraday trading, as a negative divergence begins to form on the Relative Strength Index, with early signs of a bearish crossover adding pressure on the stock in the near term. The stock appears to be undergoing profit-taking after its previous gains, attempting to build positive momentum that could support a renewed recovery and upward move, amid continued positive support from trading above its 50-day simple moving average, which reinforces the dominance and stability of the main upward trend in the medium term, as it moves along a supporting trend line.

Therefore, we expect the stock price to rise in upcoming trading sessions as long as the support level at $88.80 holds, targeting the key resistance level at $102.75.

Today’s price forecast: Neutral

Affirm Holdings (AFRM) stock price declined during its latest intraday trading, breaking the key support level at $43.75, amid the dominance of a short-term corrective downtrend, with continued negative pressure as the stock trades below its 50-day simple moving average. In addition, negative signals are beginning to re-emerge on the Relative Strength Index after the stock managed to ease its oversold conditions, opening the way for further losses in the near term.

Therefore, we expect the stock price to decline in upcoming trading sessions, especially as long as it remains below $43.75, targeting the first support level at $38.30.

Today’s price forecast: Bearish

Agilent Technologies, Inc. (A) stock price declined during its latest intraday trading, amid the dominance of a short-term corrective downtrend, as it moves along a sharply downward-sloping minor trend line that reinforces the strength and control of this trend. Negative pressure also persists as the stock continues to trade below its 50-day simple moving average. In addition, a negative divergence is beginning to form on the Relative Strength Index after reaching heavily overbought levels, with early signs of a bearish crossover appearing.

Therefore, we expect the stock price to decline in upcoming trading sessions as long as the resistance level at $116.40 holds, targeting the first support level at $107.00.

Today’s price forecast: Bearish