International Paper Company’s stock price (IP) rose in latest intraday trading, in an attempt to recoup some recent losses, while also venting off oversold saturation in the Stochastic as positive signals stream from it, with the dominance of the downward correctional trend in the short term, with a dynamic resistance hindering the stock’s advance, which is trading below the 50-day SMA.
Therefore we expect the price to decline in upcoming trading and target the important support of $43.65, provided the resistance of $48.25 holds on.
Today’s price forecast: Bearish
Marvell Technology’s stock price (MRVL) fell in latest intraday trading while trying to gather positive momentum to rise anew, as it also tried to vent off overbought saturation in the Stochastic with negative signals emerging from it, while trading above the 50-day SMA, forming a dynamic support that underpinned the upward correctional short-term trend.
Therefore we expect the price to return higher, provided it settles above $66.95, targeting the resistance of $83.25.
Today’s price forecast: Bullish
Affirm Holdings’ stock price (AFRM) edged higher in latest intraday trading while moving alongside an upward secondary trend line in the short term, benefiting from positive pressure due to trading above the 50-day SMA, while also managing to vent off overbought saturation in the Stochastic, which is sending out positive signals.
Therefore we expect the price to rise and target the first resistance at $68.30, provided the support of $55.55 holds on.
Today’s price forecast: Bullish
Agilent Technologies’ stock price rose in latest intraday trading after leaning on the support of the upward correctional trend line in the short term, with ongoing positive pressure due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the stock’s movements, hinting at positive divergence.
Therefore we expect the price to rise and target the pivotal resistance of $124.90, provided the support of $110.00 holds on.
Today’s price forecast: Bullish