American International Group, Inc. (AIG) declined in its latest intraday trading, preparing to break below the pivotal support level of $76.10, under the dominance of a short-term corrective downtrend. The stock remains pressured by continued trading below its 50-day simple moving average, which reduces its chances of recovery in the near term.

Therefore, we expect the stock price to decline in its upcoming trading sessions, especially if it breaks the mentioned support at $76.10, targeting the next support level at $73.80.

Today’s price forecast: Bearish.

PVH Corp. (PVH) saw a slight decline in its latest trading session amid continued negative pressure from trading below its 50-day simple moving average, following a break below a short-term corrective uptrend line — a move that has intensified the stock’s downside momentum. This comes after the stock had already relieved its earlier oversold conditions on the relative strength indicators, leaving it with more room for further losses in the near term.

Therefore, we expect the stock price to decline in its upcoming trading sessions, as long as the resistance level of $81.00 holds, targeting the support level of $71.45.

Today’s price forecast: Bearish.

American Express Company (AXP) inched slightly higher in its latest intraday trading, supported by continued positive momentum from trading above its 50-day simple moving average, while maintaining control of its main short-term uptrend with movements along a supportive ascending line. However, we notice the emergence of a negative crossover on the relative strength indicators after reaching extremely overbought levels, which has limited the stock’s recent gains.

Therefore, we expect the stock price to rise in its upcoming trading sessions, as long as it remains above $354.60, targeting the resistance level of $391.75.

Today’s price forecast: Bullish.

Etsy Inc. (ETSY) turned green in its latest trading session, benefiting from its earlier rebound off a main ascending trendline on the short-term chart. This move coincided with the start of positive signals on the relative strength indicators after reaching extremely oversold levels, which provided fresh positive momentum that helped the stock achieve a series of strong gains. However, downside pressure remains from trading below the 50-day simple moving average, which continues to act as an obstacle to a sustainable recovery.

Therefore, we expect the stock price to rise in its upcoming trading sessions, provided that the support level of $56.65 holds, targeting the first resistance level at $69.55.

Today’s price forecast: Bullish.