Tesla, Inc.’s stock price (TSLA) declined in latest intraday trading, under continued negative pressure from trading below the 50-day SMA, with negative signals streaming from the Stochastic despite it reaching oversold levels. The recent drop also resulted in a break below a short-term upward correctional trend line, adding further negative pressure on the stock.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $318.45 holds on, targeting the support level of $273.20.

Today’s price forecast: Bearish

Bristol-Myers Squibb Company’s stock price (BMY) rose in latest intraday trading, supported by positive signals streaming from the Stochastic. With this rise, the stock has reached the resistance of the 50-day SMA, a level that gains further significance as it also aligns with a short-term descending trend line — making it a key area for determining the next price direction.

Therefore, as long as the stock remains below the level of $48.26, we expect it to decline in upcoming trading, targeting the pivotal support of $44.00.

Today’s price forecast: Bearish

Duolingo, Inc.’s stock price (DUOL) advanced slightly in latest intraday trading, amid the dominance of a short-term downward correctional wave, with ongoing negative pressure due to trading below the 50-day SMA. Additionally, we notice negative signals streaming from the Stochastic, after the stock successfully vented off part of its oversold saturation, which now opens more room for further losses.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $433.00 holds on, targeting the support level of $341.00.

Today’s price forecast: Bearish

Fortinet, Inc.’s stock price (FTNT) inched higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend and trading alongside a short-term rising trend line. However, in contrast, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, which has capped recent gains.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $98.60 holds on, targeting the pivotal resistance of $114.80.

Today’s price forecast: Bullish