PVH Corp’s stock price inched higher in latest intraday trading, buoyed by positive signals from the Stochastic with the stock trying to recoup some recent losses, amid the dominance of the main downward trend as the stock trades alongside a highly steep trend line in the short term, with ongoing negative pressure due to trading below the 50–day SMA.

Therefore we expect the stock to return lower, targeting the support of $51.00, provided it settles below the resistance of $69.30.

Today’s price forecast: Bearish

Xerox Holdings’ stock price (XRX) fell in intraday trading amid the complete dominance of the main downward trend in the medium term, as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic despite settling at oversold levels. 

Therefore we expect more losses for the stock, targeting the support of $5.00, provided it settles firmly below $6.07.

Today’s price forecast: Bearish

American International Group’s stock price (AIG) fell in the intraday levels on profit-taking, while trying to gather momentum to pierce the current resistance of $84.00.

It comes amid the dominance of the main upward trend, while trading alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA.

Therefore we expect the price to return higher, provided the support of $80.80 holds on and the resistance of $84.00 is reliably breached, thus targeting the next resistance of $88.00.

Today’s price forecast: Likely Bullish 

ETSY’s stock price edged higher in the intraday levels in an attempt to recoup some recent losses, amid the dominance of the main downward trend, as the price trades alongside the secondary short-term trend line, as the Stochastic reached overbought levels compared to the price’s movements, amid negative pressure due to trading below the 50-day SMA.

Therefore we expect the price to return lower, targeting the support of $42.60, provided it settles below the resistance of $47.10.

Today’s price forecast: Bearish