Nu Holdings Ltd. (NU) stock price recorded gains in its latest intraday trading, after rebounding from support at its SMA50, which provided positive momentum and helped drive these gains. This comes under the dominance of the main upward trend in the short term, with price moving along a supportive trend line, while the RSI has started to show a positive crossover after reaching heavily oversold levels.

Therefore we expect the stock price to rise in upcoming trading, as long as the $16.35 support level holds, to target the key resistance at $18.95.

Today’s price forecast: Bullish

Enphase Energy, Inc. (ENPH) stock price recorded gains in its latest intraday trading, under the dominance of a short-term corrective upward trend, with price action moving along a supportive trend line. The stock continues to benefit from dynamic support by trading above its SMA50, which strengthens the surrounding positive momentum, alongside incoming positive signals from the RSI.

Therefore we expect the stock price to rise in upcoming trading, as long as the $42.60 support level holds, to target the first resistance at $54.45.

Today’s price forecast: Bullish

DocuSign, Inc. (DOCU) stock price recorded slight gains in its latest intraday trading, supported by positive signals from the RSI after it reached deeply oversold levels, as the stock attempts to unwind this oversold condition and recover part of its previous losses. However, negative pressure remains in place due to trading below its SMA50, reinforcing the dominance of the main medium-term downtrend, with price action moving along a short-term minor bearish trend line.

Therefore we expect the stock price to decline in upcoming trading, as long as the $55.45 level holds as a reference support under pressure, to target the main support at $40.00.

Today’s price forecast: Bearish

Abbott Laboratories (ABT) stock price recorded gains in its latest intraday trading, supported by positive signals from the RSI. However, the indicator has now entered extremely overbought territory compared to price action, signaling fading positive momentum around the stock. This comes as the price attempts to correct the main short-term downtrend, while continued negative pressure persists from trading below its SMA50, which increases the surrounding downside risk.

Therefore we expect the stock price to decline in upcoming trading, as long as the $114.00 resistance level remains intact, to target the $105.80 support level.

Today’s price forecast: Bearish