Spotify Technology’s stock price (SPOT) fell in latest intraday trading after bumping into the resistance of the 50-day SMA, with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence, which doubles the negative pressure on the price, amid the dominance of the downward correctional wave in the short term.

Therefore we expect more losses for the price, targeting the support of $506.50, provided the resistance of $621.20 holds on.

Today’s price forecast: Bearish

International Paper Company’s stock price (IP) skidded in latest intraday trading, while hurt by piercing the main upward trend line previously in the short term, with ongoing negative pressure due to trading below the 50-day SMA, thus breaching the pivotal support of $46.40, with negative signals from the Stochastic as the stock managed to vent off oversold saturation there. 

Therefore we expect more losses for the price, targeting the support of $41.50, provided it settles firmly below $46.40.

Today’s price forecast: Bearish

Marvell Technology’s stock price (MRVL) fell in the last session and confirmed the breach of the pivotal support of $53.20, doubling negative pressures on the stock, with negative signals emerging from the Stochastic after reaching overbought levels, amid the dominance of the main downward trend. 

Therefore we expect more losses for the price, provided it settles below $53.20, targeting the support of $33.00.

Today’s price forecast: Bearish

Agilent Technologies’ stock price (A) edged lower in latest intraday trading, amid the dominance of the main downward trend as the price trades alongside a highly steep short-term trend line, with ongoing negative pressure due to trading below the 50-day SMA, readying to breach the psychological support of $100.00, with negative signals emerging from the Stochastic after reaching overbought levels. 

Therefore we expect more losses for the price, provided the support of $100.00 is breached, targeting the next one at $90.00.

Today’s price forecast: Bearish