Clorox Company (CLX) stock price recorded further gains in its latest intraday trading, amid the dominance of a short-term corrective upward wave, benefiting from dynamic support represented by trading above its SMA50. This comes alongside incoming positive signals from the RSI, despite the indicator reaching extremely overbought levels, which suggests that positive momentum may be insufficient to extend the stock’s gains significantly in the near term.

Therefore we expect the stock price to rise in upcoming trading, to target the nearby and key resistance level at $108.10, where it would be preferable to adopt a neutral stance and wait for the stock’s behavior around this important resistance.

Today’s price forecast: Bullish

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