Ventas price bumps into SMA resistance - Forecast today - 26-10-2026

Alibaba Group Holding (BABA) extended its losses in recent intraday trading, with the primary medium-term downtrend remaining firmly in control as price action continues to follow a descending trendline that supports the prevailing bearish bias. The stock also continues to face negative pressure from trading below its 50-day Simple Moving Average (SMA), which is adding to the selling pressure and limiting the prospects for a recovery in the near term. Meanwhile, momentum indicators continue to generate bearish signals, further reinforcing the negative outlook.

Western Digital Corporation (WDC) declined in recent intraday trading, weighed down by continued negative pressure as the stock remains below its 50-day Simple Moving Average (SMA), which is acting as dynamic resistance and reinforcing the stability and dominance of the short-term bearish corrective trend. Price action also continues to follow a descending trendline that supports the prevailing bearish bias, while momentum indicators have entered overbought territory at levels disproportionately high relative to the stock's price action.

Ethereum (ETHUSD) witnessed slight and cautious gains in its latest intraday trading. Attempting to recover some of the previous losses, with the emergence of a positive crossover on the relative strength indicators, increasing the chances of extending these cautious gains temporarily.