Williams-Sonoma, Inc. (WSM) stock price recorded a decline in its latest intraday trading after the key resistance level at $220.00 held firm, amid the emergence of negative signals from the Stochastic indicator. The stock is attempting to gain positive momentum that could help it recover and move higher again, as the latest pullback brought the price to test support at its 50-day SMA. This comes while the main short-term bullish trend remains dominant, with price moving alongside a supporting upward trendline.

Therefore we maintain a neutral outlook for the stock’s upcoming trading sessions, provided that the current support level at $201.00 holds, with the price expected to retest the previously mentioned resistance level at $220.00.

Today’s price forecast: Neutral

Charter Communications, Inc. (CHTR) stock price recorded a decline in its latest intraday trading, amid the emergence of negative signals from the Stochastic indicator, as the stock attempts to form a higher low that could serve as a base for regaining positive momentum and resuming its recovery to the upside. This comes while a short-term corrective bullish wave remains dominant, with continued dynamic support represented by trading above its 50-day SMA, which enhances the chances of further recovery in the near term.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $215.65 remains intact, targeting the resistance level at $254.65.

Today’s price forecast: Bullish

Verizon Communications (VZ) stock price recorded gains in its latest intraday trading, as the stock attempts to test the current resistance level at $50.00, amid the dominance of the main short-term bullish trend. Dynamic positive pressure remains in place as the price continues to trade above its 50-day SMA, while the recent rise came after the stock successfully eased its overbought conditions on the Stochastic indicator, giving it more room to achieve further gains in the near term.

Therefore we expect the stock price to rise during its upcoming trading sessions, especially if it breaks above the mentioned resistance at $50.00, targeting the next resistance level at $53.00.

Today’s price forecast: Bullish

Mattel (MAT) stock price recorded a decline in its latest intraday trading, after being affected earlier by the break of a main short-term bullish trendline, while negative pressure continues as the stock trades below its 50-day SMA. The latest decline came after the price had managed to ease its oversold conditions on the Stochastic indicator, giving it more room to record additional losses in the near term.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $18.24 remains intact, targeting the support level at $15.90.

Today’s price forecast: Bearish