Zscaler Inc (ZS) stock rose in its latest intraday trading, with the medium-term main bullish trend prevailing and its movements aligned with a short-term ascending trendline supporting this trajectory. The stock also continues to benefit from positive pressure as it trades above its 50-day simple moving average. In the background, RSI indicators are showing positive signals despite being in heavily overbought territory.

Therefore, we expect the stock to rise in upcoming trading, as long as support at 283.00 holds, targeting the key resistance level of 318.45.

Today’s price forecast: Bullish.

ServiceNow (NOW) stock declined in its latest intraday trading, attempting to gain positive momentum that could help it recover and climb again. The stock’s recent drop brought it to the support of the 50-day simple moving average, coinciding with its reliance on a short-term corrective ascending trendline. Meanwhile, the RSI has reached heavily oversold levels.

Therefore, our outlook leans toward a potential rebound in upcoming trading, provided support at 871.00 holds, with the stock targeting the key psychological resistance at 1,000.

Today’s price forecast: Neutral.

Advanced Micro Devices Inc (AMD) advanced in its latest intraday trading, with the stock touching the resistance of its 50-day simple moving average. This comes while the short-term corrective downtrend remains in control, following an earlier break of a major ascending trendline. At the same time, the RSI has reached excessive levels relative to price movement, suggesting the formation of a negative divergence.

Therefore, we expect the stock to decline in upcoming trading, as long as resistance at 165.10 holds, targeting the support level of 149.20.

Today’s price forecast: Bearish.

Palo Alto Networks (PANW) rose in its latest intraday trading, pushing to test the key and strong resistance level of 206.18. The stock is supported by its continued trading above the 50-day simple moving average and remains under the control of the main short-term uptrend, moving along a supportive trendline. In addition, RSI indicators have begun showing positive signals after previously reaching oversold levels.

Therefore, we expect the stock to rise in upcoming trading, provided it first breaks above the resistance of 206.18, targeting the next resistance level at 225.90.

Today’s price forecast: Bullish.