Applied Materials, Inc. (AMAT) stock price declined in its latest intraday trading, as the stock attempts to gain positive momentum that could help it recover and rise again, while continuing to trade above its 50-day SMA, which provides dynamic support and reinforces the stability and dominance of the main upward trend in the short term, especially while moving alongside a trend line supporting this path, strengthening the chances of a near-term recovery.

Therefore we expect the stock price to rise in its upcoming trading, provided that the $396.00 support level remains intact, targeting the $448.00 resistance level.

Today’s price forecast: Bullish

Kroger Company (KR) stock price jumped sharply higher in its latest intraday trading, amid the dominance of a short-term corrective bearish wave while moving alongside a trend line supporting this path, in addition to continued dynamic negative pressure from trading below its 50-day SMA, which reduces the chances of a full recovery in the near term, especially with the beginning of a negative crossover appearing on the Stochastic indicators after reaching deeply overbought levels.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $69.35 resistance level, targeting the $64.00 support level.

Today’s price forecast: Bearish

Zscaler Inc. (ZS) stock price extended its gains in its latest intraday trading, successfully breaking above the key resistance level at $166.00, accompanied by a noticeable increase in trading volumes, signaling the technical validity of this breakout, while continuing to trade above its 50-day SMA, which provides dynamic support that strengthens the chances of continued gains in the near term, amid the dominance of a short-term corrective upward wave, alongside continued positive signals from the Stochastic indicators despite reaching deeply overbought levels.

Therefore we expect the stock price to rise in its upcoming trading, especially as long as it remains above the $166.00 level, targeting the next resistance level at $204.65.

Today’s price forecast: Bullish

ServiceNow (NOW) stock price jumped sharply higher in its latest intraday trading, influenced by its breakout above a short-term bearish trend line, which provided the stock with additional positive momentum that helped it overcome the negative pressure from its 50-day SMA, signaling the stock’s intention to extend this corrective upward wave in the near term, especially with continued positive signals from the Stochastic indicators.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $94.75 level, targeting the $121.65 resistance level.

Today’s price forecast: Bullish