Super Micro Computer, Inc. (SMCI) stock price recorded a decline in its latest intraday trading after the stock ran into resistance at its SMA50. This comes under the dominance of the main short-term downtrend, after the stock attempted to unwind its oversold conditions on the RSI, but selling pressure appears stronger than the recent recovery attempt.

Therefore we expect the stock price to decline in upcoming trading, as long as the $35.85 resistance level remains intact, to target the key support at $27.60.

Today’s price forecast: Bearish

Wells Fargo & Company (WFC) stock price recorded a pullback in its latest intraday trading, as the stock attempts to take profits from its previous gains while seeking to rebuild positive momentum for another advance. The RSI has started to show a negative crossover after reaching overbought levels, while the price is currently leaning on support from its SMA50. The broader setup remains under the dominance of the main medium-term upward trend, with price action moving along a supportive trend line.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains above the $90.75 level, to target the key resistance at $97.75.

Today’s price forecast: Bullish

Arista Networks, Inc. (ANET) stock price recorded continued losses in its latest intraday trading, with negative signals coming from the RSI after it had previously reached extremely overbought levels. The stock has now moved below its SMA50, increasing downside pressure, under the dominance of a short-term corrective downtrend.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains below the $136.80 resistance level, to target the key support at $121.00.

Today’s price forecast: Bearish

UiPath, Inc. (PATH) stock price recorded sideways and volatile trading over its last two sessions, as the stock attempts to recover part of its previous losses while also trying to unwind its oversold conditions on the RSI, with an early positive crossover starting to appear. However, negative pressure remains due to trading below its SMA50, alongside the prior break of a short-term upward trend line, which keeps the near-term outlook weak.

Therefore we expect the stock price to decline in upcoming trading, as long as the $13.90 resistance level remains intact, to target the key support at $10.50.

Today’s price forecast: Bearish