Lockheed Martin Corporation (LMT) stock rose in its latest intraday trading after finding support at the previous 50-day SMA. This coincided with a test of a short-term corrective upward trend line following a previous decline aimed at establishing a higher bottom to serve as a base for renewed positive momentum and recovery. Meanwhile, a bullish crossover has started to appear on the relative strength indicators after reaching extremely oversold levels compared to the price movement, suggesting the formation of a positive divergence.

Therefore, we expect the stock to rise in its upcoming trading sessions, provided that the key support level of $482.70 holds, targeting the resistance level of $516.00.

Today’s stock forecast: Bullish.

Manchester United (MANU) stock advanced slightly in its latest intraday trading as it attempts to gain positive momentum that could help it recover and resume its upward movement. At the same time, the stock is working off its overbought levels on the relative strength indicators, where negative signals have begun to appear. However, dynamic support from trading above the previous 50-day SMA continues, while the main short-term bullish trend remains dominant.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $17.05 holds, targeting the key resistance level of $19.65.

Today’s stock forecast: Bullish.

HP Inc (HPQ) stock posted slight gains in its latest session, supported by trading above the previous 50-day SMA, which provides renewed positive momentum. The stock remains under the dominance of a short-term corrective bullish trend, trading along an ascending line. We also notice the beginning of a bullish crossover appearing on the relative strength indicators after the stock successfully corrected its earlier overbought levels, giving it more room to achieve additional near-term gains.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as it remains above $27.20, targeting the key resistance level of $29.48 in preparation to test it.

Today’s stock forecast: Bullish.

Ford Motor Company (F) stock declined in its latest intraday trading, taking profits from its previous gains while attempting to gain positive momentum that could help it recover and rise again. The main short-term bullish trend remains dominant, with trading along an ascending line that supports this direction. In addition, positive signals continue to appear from the relative strength indicators despite reaching overbought areas, reflecting the strength and intensity of the positive momentum surrounding the stock.

Therefore, we expect the stock to rise in its upcoming trading sessions, especially as long as it remains above $12.80, targeting the resistance level of $15.15.

Today’s stock forecast: Bullish.