PVH Corp (PVH) stock price recorded a decline in its latest intraday trading after the stock came under negative pressure following its move below the support of its 50-day SMA. This comes amid the dominance of the main bearish trend over both the medium and short term, with price moving alongside a minor trendline supporting this path. In addition, negative signals are emerging from the Stochastic indicator despite reaching deeply oversold levels.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $67.20, targeting the key support level at $60.60.

Today’s price forecast: Bearish

American Express Company (AXP) stock price recorded a decline in its latest intraday trading, amid the dominance of a steep short-term corrective bearish wave. Negative pressure remains in place as the stock continues to trade below its 50-day SMA, which increases the surrounding downside pressure, especially with the Stochastic indicator beginning to show a renewed negative crossover.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $316.00, targeting the first support level at $288.00.

Today’s price forecast: Bearish

Etsy (ETSY) stock price recorded gains in its latest intraday trading, as the stock’s rise brought it into contact with resistance at its 50-day SMA. This comes amid the dominance of a short-term corrective bearish trend, with price moving alongside a trendline supporting this path. In addition, the Stochastic indicator has reached extremely overbought levels relative to price action, suggesting the beginning of a negative divergence.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $58.00 remains intact, targeting the support level at $50.80.

Today’s price forecast: Bearish

Dollar General Corporation (DG) stock price recorded a decline in its latest intraday trading, as the stock moved below the support of its 50-day SMA, which increases the surrounding negative pressure. The price is also affected by a negative technical pattern formed in the short term, represented by a rising wedge, alongside negative signals emerging from the Stochastic indicator despite reaching deeply oversold levels.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $154.75, targeting the support level at $140.00.

Today’s price forecast: Bearish