Qualcomm price rises through negative pressures - Forecast today - 23-04-2025
Qualcomm’s stock price (QXOM) rose in latest intraday trading with positive signals from the Stochastic, however it reached overbought levels, threatening the ongoing positive momentum especially as trading volumes drop, with ongoing negative pressure due to trading below the 50-day SMA, and with the dominance of the main downward trend in the medium term as the price trades alongside the secondary short-term trend line.
Therefore we expect the price to return lower in upcoming trading, provided the resistance of $144.85 holds on, targeting the support of $120.80.
Today’s price forecast: Bearish
AMGEN price tries to recoup some losses - Forecast today - 23-04-2025
AMGEN’s stock price (AMGN) closed cautiously higher in the last session while trying to recoup some recent losses, amid the dominance of the downward wave in the short term, with negative signals from the Stochastic, as the stock managed to vent off oversold saturation there previously, with ongoing negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to return lower and target the current support of $267.40 once more, provided the resistance of $288.35 holds on.
Today’s price forecast: Bearish
TJX price receives some positive support - Forecast today - 23-04-2025
TJX Companies’ stock price (TJX) rose in latest intraday trading after falling recently as the pivotal and stubborn resistance of $128.00 held on, with the price trying to gather enough momentum to pierce it, while managing to vent off overbought saturation in the Stochastic, thus leaning on the 50-day SMA, sending the price higher, amid the dominance of the main upward trend in the medium term.
Therefore we expect the price to rise in upcoming trading, provided the resistance of $128.00 is reliably breached, targeting the next resistance at $137.00.
Today’s price forecast: Bullish
Autodesk price closes cautiously higher - Forecast toay - 23-04-2025
Autodesk’s stock price (ADSK) rose in the last session and tested the downward correctional trend line in the short term, with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels, doubling negative pressures on upcoming trading.
Therefore we expect the price to return lower and target the support of $244.85, provided the resistance of $266.55 holds on.
Today’s price forecast: Bearish