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
Qualcomm Incorporated’s stock price (QCOM) rose in latest intraday trading after seeking a supportive bottom to carry on its upward correctional trend in the short term, with positive support due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the stock’s movements.
Therefore we expect more gains for the price, targeting the pivotal resistance of $162.15, provided the support of $144.50 holds on.
Today’s price forecast: Bullish