Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Microsoft price returns higher - Forecast today - 12-12-2024

Economies.com
2024-12-12 12:50PM UTC

Microsoft Corp’s stock price (MSFT) returned higher in the intraday levels, while buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term, while hurt by negative signals from the RSI after reaching overbought levels, which could hinder upcoming gains. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $468.39, provided the support of $428.67 holds on.

 

Trend forecast for today: Bullish 

Nu Holdings price tries to recoup some losses - Forecast today - 12-12-2024

Economies.com
2024-12-12 12:49PM UTC

Nu Holdings’ stock price (NU) rose in the intraday levels, with positive signals from the RSI, after reaching oversold levels, while trying to recoup some recent losses, amid the dominance of the downward correctional wave in the short term, while hurt by piercing the upside trend line previously in the medium term, with negative pressure from trading below the 50-day SMA. 

 

Therefore we expect the stock to return lower and target the support of $10.45, provided it settles firmly below the resistance of $13.00. 

 

Trend forecast for today: Likely Bearish 

Oracle price ends a volatile session - Forecast today - 12-12-2024

Economies.com
2024-12-12 12:49PM UTC

Oracle Corporation’s stock price (ORCL) inched up and ended and a volatile session, amid attempts to recoup some losses, while hurt by piercing the secondary upward short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after managing to vent off oversold saturation there. 

 

Therefore we expect the stock to return lower, targeting the first support at $163.90, provided the resistance of $190.00 holds on.

 

Trend forecast for today: Likely Bearish 

Docusign price collects profits - Forecast today - 12-12-2024

Economies.com
2024-12-12 12:48PM UTC

Docusign’s stock price (DOCU) fell in the intraday levels on profit-taking, while gathering positive momentum to bounce higher anew, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from trading above the 50-day SMA.  

 

Therefore we expect the stock to return higher and target the resistance of $107.85, provided the support of $86.75 holds on.

 

Trend forecast for today: Likely Bullish