Procter & Gamble’s stock price (PG) declined in latest intraday trading, amid ongoing negative pressure from trading below the 50-day SMA and under the dominance of the main downward trend, while moving alongside a short-term descending trend line. Additionally, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, exaggerated relative to the stock’s movement, indicating the beginning of a negative divergence that would further intensify bearish pressure.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $163.15 holds on, targeting the pivotal support level of $157.50.

Today’s price forecast: Bearish

United Airlines Holdings, Inc.’s stock price (UAL) edged slightly lower in latest intraday trading, as it attempts to gather the positive momentum needed to attack the pivotal resistance of $84.85, while also trying to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This comes amid the dominance of the main upward trend and trading alongside a short-term rising trend line, supported by dynamic support from trading above the 50-day SMA.

Therefore we expect the stock to rise in upcoming trading, provided it first breaches the aforementioned resistance of $84.85, targeting the next resistance at $96.00.

Today’s price forecast: Bullish

Boeing Company’s stock price (BA) extended its gains in latest intraday trading, attacking the pivotal resistance level of $218.80, amid the dominance of the main upward trend in the short term and trading alongside a rising trend line. The stock remains under ongoing positive pressure due to trading above the 50-day SMA, supported as well by positive signals streaming from the Stochastic, despite it reaching extremely overbought levels.

Therefore we expect the stock to rise in upcoming trading, especially if it breaches the aforementioned resistance of $218.80, targeting the next resistance at $233.00.

Today’s price forecast: Bullish

McCormick & Company, Incorporated’s stock price (MKC) slipped lower in latest intraday trading, while moving alongside a short-term descending trend line, with negative signals streaming from the Stochastic after reaching overbought levels. The stock also broke below the support of the 50-day SMA, exposing it to intensified negative pressure.

Therefore we expect the stock to decline further in upcoming trading, as long as the resistance of $76.10 holds on, targeting the pivotal support of $70.80.

Today’s price forecast: Bearish