Tesla, Inc. (TSLA) stock price recorded a decline in its latest intraday trading, after the stock previously broke a major upward trend line, adding technical weakness. The price remains under negative and dynamic pressure as it continues to trade below the 50-day SMA, which reduces the chances of a sustainable recovery in the near term, especially with RSI and Stochastic showing a fresh negative crossover after reaching strongly overbought levels.

Therefore we expect the stock price to fall in upcoming trading, as long as resistance at $436.35 holds, targeting the key support level at $373.75.

Today’s price forecast: Bearish

Bristol-Myers Squibb Company (BMY) stock price recorded gains in its latest intraday trading after the stock managed to unwind part of its clear overbought condition on RSI, giving it more room to extend gains in the near term. The stock is moving alongside a short-term upward trend line and remains under positive pressure as it continues to trade above the 50-day SMA.

Therefore we expect the stock price to rise in upcoming trading, as long as support at $57.00 holds, targeting the key resistance level at $63.30.

Today’s price forecast: Bullish

Duolingo, Inc. (DUOL) stock price recorded deeper losses in its latest intraday trading, under full control of the medium-term main downtrend, while moving alongside a downward-sloping trend line. The stock remains under negative pressure as it trades below the 50-day SMA, which reinforces bearish momentum. Technical indicators are also turning negative, with RSI beginning to show a bearish crossover after previously unwinding its oversold condition.

Therefore we expect the stock price to decline in upcoming trading, targeting the first support level at $90.00, with strong chances of breaking below it.

Today’s price forecast: Bearish

Fortinet, Inc. (FTNT) stock price recorded gains in its latest intraday trading, preparing to attack the stubborn key resistance at $87.20, as a short-term corrective upward wave remains in control. Price continues to trade above the 50-day SMA, which provides dynamic support and increases the chances of a resistance breakout. However, RSI has started to show emerging negative signals, which may act as a near-term obstacle to further upside momentum.

Therefore we expect the stock price to rise in upcoming trading, provided that it first breaks above the $87.20 resistance level, targeting the next resistance at $96.00.

Today’s price forecast: Bullish