Williams-Sonoma, Inc (WSM) stock rose again in its latest intraday trading after finding support at the previous 50-day SMA, which provided some renewed positive momentum. The main short-term bullish trend remains dominant, with trading along an ascending line that supports this direction. However, negative signals have started to appear from the relative strength indicators after reaching extremely overbought levels, which may limit the stock’s upcoming gains.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $186.00 holds, targeting the key resistance level of $217.80.

Today’s stock forecast: Bullish.

Charter Communications, Inc (CHTR) stock declined in its latest intraday trading under continued negative pressure from trading below the previous 50-day SMA. The main short-term bearish trend remains dominant, with trading along a descending line that reinforces this direction. In addition, a bearish crossover has started to appear on the relative strength indicators after the stock successfully corrected its earlier oversold levels, increasing the overall negative pressure surrounding it.

Therefore, we expect the stock to decline in its upcoming trading sessions as long as the resistance level of $254.65 holds, targeting the support level of $213.40.

Today’s stock forecast: Bearish.

Verizon Communications (VZ) stock slipped lower in its latest intraday trading after the key resistance level of $40.90 held firm. The stock remains under the dominance of a short-term corrective bearish trend, with continued negative pressure from trading below the previous 50-day SMA. In addition, a bearish crossover has begun to appear on the relative strength indicators after reaching extremely overbought levels compared to the price movement, further intensifying the negative pressure surrounding the stock.

Therefore, we expect the stock to decline in its upcoming trading sessions as long as the resistance level of $40.90 holds, targeting the key support level of $37.60.

Today’s stock forecast: Bearish.

Mattel (MAT) stock declined in its latest intraday trading after stabilizing at the current resistance level of $19.23, as it attempts to gain positive momentum that could help it break through that resistance. At the same time, the stock is working off part of its overbought levels on the relative strength indicators, where negative signals have begun to appear. The short-term corrective bullish trend remains dominant, with trading along an ascending line that supports this direction, while continued positive pressure from trading above the 50-day SMA enhances the chances of a near-term recovery.

Therefore, we expect the stock to rise in its upcoming trading sessions, especially if it breaks above the mentioned resistance level of $19.23, targeting the next resistance level at $20.60.

Today’s stock forecast: Bullish.