Xerox Holdings Corp. (XRX) stock price recorded a decline in its latest intraday trading, amid continued negative pressure from trading below its SMA50, which reinforces the impact of the main downward trend on both the medium and short term. In the background, the RSI has reached extremely overbought levels in an exaggerated manner compared to price action, suggesting the beginning of a negative divergence formation.

Therefore we expect the stock price to decline in upcoming trading, as long as the $2.85 resistance level remains intact, to target the key support at $2.32.

Today’s price forecast: Bearish

American International Group, Inc. (AIG) stock price recorded sharp losses in its latest intraday trading, amid continued negative and dynamic pressure from trading below its SMA50. With this latest decline, the stock broke below the key support level at $76.00, which further amplifies the surrounding negative pressure in upcoming movements. This steep drop comes despite the beginning of positive crossover signals on the RSI after it reached extremely oversold levels.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains stable below the $76.00 level, to target the next support at $71.75.

Today’s price forecast: Bearish

PVH Corp. (PVH) stock price recorded a renewed decline in its latest intraday trading, as the stock remains affected by breaking below a previously dominant short-term corrective upward trend line. This comes amid continued negative pressure from trading below its SMA50, which limits the stock’s chances of recovery in the near term, especially with the beginning of a negative crossover on the RSI after it reached overbought levels.

Therefore we expect the stock price to decline in upcoming trading, as long as the $72.65 resistance level remains intact, to target the key support at $61.75.

Today’s price forecast: Bearish

American Express Company (AXP) stock price recorded a pullback in its latest intraday trading, influenced by the stabilization of the key resistance level at $387.50, as the stock attempts to build positive momentum that could help it break above this resistance later on. This comes amid continued dynamic support from trading above its SMA50, which reinforces the stability and dominance of the main short-term upward trend, with price action moving along a supportive trend line.

Therefore we expect the stock price to rise in upcoming trading, but only if it first succeeds in breaking above the $387.50 resistance level, to target the next resistance at $410.00.

Today’s price forecast: Bullish