Fortinet, Inc. (FTNT) stock advanced slightly in its latest intraday trading, supported by continued trading above the previous 50-day SMA and under the dominance of a short-term corrective bullish wave, with trading along an ascending line that reinforces this direction. In addition, positive signals are appearing from the relative strength indicators after reaching extremely oversold levels.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $81.10 holds, targeting the key and nearby resistance level of $87.20 in preparation to test it.

Today’s stock forecast: Bullish.

GitLab (GTLB) stock declined slightly in its latest intraday trading as it attempts to gain positive momentum that could help it recover and rise again. At the same time, the stock is working off part of its overbought levels on the relative strength indicators, where a bearish crossover has begun to appear. It remains supported by dynamic strength from trading above the 50-day SMA and under the dominance of a short-term corrective bullish trend.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $45.00 holds, targeting the key resistance level of $54.00.

Today’s stock forecast: Bullish.

Dick’s Sporting Goods Inc (DKS) stock declined slightly in its latest intraday trading as it attempts to gain positive momentum that could help it recover and rise again. The stock remains supported by ongoing positive pressure from trading above the previous 50-day SMA and under the dominance of a short-term corrective bullish trend. In addition, positive signals continue to appear from the relative strength indicators after the stock successfully corrected its earlier overbought levels.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $219.85 holds, targeting the important resistance level of $237.30 in preparation to test it.

Today’s stock forecast: Bullish.

Adobe Inc (ADBE) stock advanced slightly in its latest intraday trading, with the rise bringing it to test a short-term descending trend line while also attempting to surpass resistance at the previous 50-day SMA. However, a bearish crossover has begun to appear on the relative strength indicators after reaching extremely overbought levels, which may limit the stock’s upward movement in the near term.

Therefore, as long as the stock remains below the resistance level of $373.75, our outlook leans toward a decline in its upcoming movements, targeting the support level of $342.40.

Today’s stock forecast: Neutral.