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dogwifhat price exhausts positive chances - Analysis - 12-08-2025

Economies.com
2025-08-12 13:42PM UTC
AI Summary
  • Dogwifhat (WIFUSD) price is attempting to recover and rise again, while easing overbought conditions on the RSI
  • Price found support at the 50-day SMA and a short-term corrective ascending trendline
  • Price forecast for today is bullish, with an expected rise targeting the key resistance level of 1.32370

dogwifhat (WIFUSD) price held lower in its latest intraday trading, attempting to gain positive momentum that could help it recover and rise again, while also trying to ease its clear overbought conditions on the RSI, especially with negative signals starting to appear. The recent decline found support at the 50-day SMA, coinciding with a test of a short-term corrective ascending trendline.

 

Therefore, we expect the price to rise in the upcoming intraday trading, provided the support level of 0.81910 holds, targeting the key resistance level of 1.32370.

 

Today’s price forecast: Bullish.

 

 

 

 

Western Digital price gathers positive momentum - Forecast today - 12-08-2025

Economies.com
2025-08-12 13:36PM UTC

Western Digital Corporation’s stock price (WDC) declined in its latest intraday trading, attempting to gain positive momentum that may help it recover and rise again. The short-term main uptrend remains in control, with trading aligned along a supportive trendline and continued positive pressure from holding above its previous 50-day SMA. Additionally, we notice the beginning of a positive divergence in the RSI after it reached extremely oversold levels relative to price movement, with positive signals starting to appear.

 

Therefore, we expect the stock to rise in its upcoming trading, especially while holding above 71.80, targeting the resistance level of 88.30.

 

Today’s price forecast: Bullish.

 

 

 

 

Snap price readies to breach pivotal support - Forecast today - 12-08-2025

Economies.com
2025-08-12 13:36PM UTC

Snap Inc.’s stock price (SNAP) declined in its latest intraday trading, impacted by breaking a short-term ascending corrective trendline, with continued negative pressure from trading below its previous 50-day SMA. The stock now appears poised to break the key support level of 7.11, especially with negative signals from the RSI despite it being in oversold territory.

 

Therefore, we expect the stock to fall in its upcoming trading, particularly if it breaks the aforementioned 7.11 support, targeting the next support level at 6.20.

 

Today’s price forecast: Bearish.

 

 

 

 

 

Schlumberger price suffers from negative pressures - Forecast today - 12-08-2025

Economies.com
2025-08-12 13:36PM UTC

Schlumberger N.V.’s stock price (SLB) declined in its latest intraday trading, having earlier been impacted by exiting an ascending corrective price channel that had been guiding its previous short-term movements. This comes with continued negative pressure from trading below its previous 50-day SMA, in addition to negative signals from the RSI, despite it holding in oversold areas.

 

Therefore, we expect the stock to decline in its upcoming trading, as long as resistance at 34.10 remains intact, targeting the key support level of 31.10.

 

Today’s price forecast: Bearish.