Verizon Communications (VZ) stock declined in its latest intraday trading, under continued negative pressure from trading below the 50-day SMA and within the context of a short-term descending correction trend. The stock is moving along a downward slope and is now preparing to break the key support level of $40.90, especially with ongoing negative signals from the Stochastic, despite it reaching deeply oversold territory.

Therefore we expect the stock to decline in upcoming trading, particularly if it breaks below the $40.90 support level, targeting the next support at $39.65.

Today’s price forecast: Bearish

Mattel (MAT) stock advanced slightly in its latest intraday trading, while remaining under pressure after breaking a short-term ascending correction trendline. The stock continues to trade below the 50-day SMA, with additional negative pressure from Stochastic signals, despite the indicator reaching deeply oversold levels.

Therefore we expect the stock to decline in upcoming trading as long as it remains below the $20.30 level, targeting the support level of $18.60.

Today’s price forecast: Bearish

International Seaways, Inc. (INSW) stock rose slightly in its latest intraday trading, under negative pressure from trading below the 50-day SMA. Negative signals continue to appear on the Stochastic after entering overbought territory, with the stock now relying on support from a short-term ascending correction trendline — a last chance to gain the positive momentum needed for recovery.

Therefore we expect the stock to rise in upcoming trading, provided the support level of $36.00 holds, targeting the key resistance level of $41.00.

Today’s price forecast: Bullish

Revolve Group’s stock price (RVLV) declined in latest intraday trading, under negative pressure from trading below the 50-day SMA. This drop positions the stock to potentially break a short-term upward correctional trend line, a scenario supported by negative signals starting to stream from the Stochastic after reaching extremely overbought levels — exaggerated relative to the stock’s movement.

Therefore we expect the stock to decline in upcoming trading, especially if it breaks the mentioned upward trend line, targeting the support level of $18.75.

Today’s price forecast: Bearish