The Trade Desk’s stock price (TTD) rose in latest intraday trading, while attempting to correct the main downward trend in the short term, as it bumped into the resistance of the 50-day SMA, coinciding with negative signals from the Stochastic after reaching overbought levels, doubling negative pressures on the stock.

Therefore we expect the price to decline and target the support of $43.00, provided the resistance of $62.50 holds on.

Today’s price forecast: Bearish

Comcast Corporation’s stock price (CMCSA) edged lower in latest intraday trading, amid the dominance of the main downward trend in the short term, and with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence. 

Therefore we expect more losses for the price, provided the resistance of $35.25, targeting the pivotal support of $32.60.

Today’s price forecast: Bearish

Honeywell International’s stock price (HON) extended its gains in latest intraday trading, confirming the breach of the main downward trend line in the short term, while boosted by trading above the 50-day SMA, and accompanied by a surge in trading volumes, however, the gains are countered by negative signals from the Stochastic after reaching overbought levels. 

Therefore we expect more gains for the price, provided it settles above $206.85, targeting the resistance of $225.30.

Today’s price forecast: Bullish

Moderna’s stock price (MRNA) rose mildly in latest intraday trading, amid the total dominance of the main downward trend as the price trades alongside the short-term trend line, with negative signals from the Stochastic after reaching overbought levels, coupled with ongoing negative pressure due to trading below the 50-day SMA.

Therefore we expect the price to decline in upcoming trading, provided the resistance of $31.12, targeting the pivotal support of $23.15.

Today’s price forecast: Bearish