Procter & Gamble (PG) stock price recorded gains in its latest intraday trading, amid the dominance of a strong corrective upward wave in the short term. The stock continues to trade above the 50-day SMA, which provides dynamic support, and it is preparing to attack the key resistance at $161.65. The recent rise came after the stock previously unwound its overbought condition on RSI, giving it more room to extend gains in the near term.

Therefore we expect the stock price to rise in upcoming trading, especially if it breaks above the $161.65 resistance level, targeting the next resistance at $170.00.

Today’s price forecast: Bullish

United Airlines Holdings, Inc (UAL) stock price recorded a decline in its latest intraday trading, as the stock attempts to build positive momentum that could help it rise again. It is also trying to unwind part of its clear overbought condition on RSI, while continuing to trade above the 50-day SMA, which provides dynamic support and reinforces the dominance of the main short-term uptrend, with price moving along a supporting trend line.

Therefore we expect the stock price to rise in upcoming trading, as long as it holds above the $105.50 support level, targeting the next resistance at $124.00.

Today’s price forecast: Bullish

Boeing Company (BA) stock price recorded a slight decline in its latest intraday trading, as the stock attempts to gain positive momentum that may help keep the main medium-term uptrend intact. Price action continues to move alongside a supporting trend line, while still trading above the 50-day SMA, which provides dynamic support and improves the chances of a near-term recovery.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains above the $228.95 support level, targeting the $259.00 resistance level.

Today’s price forecast: Bullish

Mccormick & Company, Incorporated (MKC) stock price recorded further gains in its latest intraday trading, confirming the breakout of a main medium-term bearish trend line, which pushed the stock to challenge the key resistance at $70.00. The price continues to receive dynamic support from trading above the 50-day SMA, while momentum indicators have started to show a negative crossover, which may limit upcoming gains.

Therefore we expect the stock price to rise in upcoming trading, especially if it manages to break above the $70.00 resistance level, targeting the next resistance at $77.00.

Today’s price forecast: Bullish