TJX Companies, Inc. (TJX) stock declined during its recent intraday trading, as negative signals بدأت تظهر from the Relative Strength Index after reaching heavily overbought levels. The stock is attempting to unwind some of this overbought condition to regain positive momentum that may support a renewed recovery and upward move. This pullback has brought the stock to rely on the support of its 50-day simple moving average, while the main upward trend continues to dominate in the short term, with price moving along a supporting trend line.

Therefore, our expectations lean toward a rise in the stock price in upcoming trading, as long as support at $152.75 holds, targeting the key resistance level at $161.90.

Today’s price forecast: Bullish

Autodesk (ADSK) stock rose during its recent intraday trading, as the stock attempts to recover part of its previous losses while also working off its clear oversold conditions on the Relative Strength Index, especially with the emergence of initial positive signals. However, the main downward trend continues to dominate in the short term, with price movements aligned with a minor trend line supporting this path. The stock also remains under continued negative pressure due to trading below its 50-day simple moving average, which limits the chances of a near-term recovery.

Therefore, our expectations point to a decline in the stock price in upcoming trading, as long as resistance at $247.20 holds, targeting the key support level at $219.00.

Today’s price forecast: Bearish

PayPal Holdings (PYPL) stock edged slightly higher in its recent intraday trading, but remains under negative pressure as it continues to trade below its 50-day simple moving average, which reinforces the dominance and stability of the main downward trend in both the medium and short term. In addition, a negative crossover is beginning to appear in the Relative Strength Index after the stock managed to unwind its oversold conditions, opening the door for further losses in the near term.

Therefore, our expectations point to a decline in the stock price in upcoming trading, as long as resistance at $48.50 holds, targeting the first support level at $41.45.

Today’s price forecast: Bearish

Ethereum (ETHUSD) declined during recent intraday trading, amid its trading within bearish corrective channel that limits its previous trading on short-term basis, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, besides the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of a full recovery on the near-term basis.