Toast (TOST) stock rose in its latest intraday trading, driven by bullish signals from the Relative Strength Index. The stock remains under the influence of a medium-term upward trend, trading along a short-term ascending trendline and supported by continued movement above its 50-day SMA, which helps maintain the positive momentum.

Therefore we expect the stock to rise in upcoming sessions, as long as it holds above $44.00, targeting the resistance level at $50.00.

Today’s price forecast: Bullish.

On Holding AG (ONON) stock rose in its latest intraday trading, as the stock attempts to recover some of its previous losses. This comes within the context of a prevailing short-term corrective downtrend, with continued negative pressure from trading below the 50-day SMA. Additionally, while the Relative Strength Index is showing some bullish signals, it remains deeply in overbought territory relative to price action, indicating weak surrounding momentum.

Therefore we expect the stock to decline in upcoming sessions, as long as resistance at $55.95 holds, targeting the support level at $50.75.

Today’s price forecast: Bearish.

Broadcom (AVGO) stock continued its rise in recent intraday trading, successfully breaking through its current resistance level at $283.00. The move comes under strong control of the prevailing upward trend, with the stock trading along a short-term ascending trendline. Positive pressure remains from trading above the 50-day SMA, coupled with reinforcing bullish signals from the Relative Strength Index.

Therefore we expect the stock to rise in upcoming sessions, especially as long as it remains above $283.00, targeting the initial resistance level at $304.00.

Today’s price forecast: Bullish.

Chevron Corporation (CVX) stock jumped higher in its latest intraday trading, under the influence of a short-term corrective uptrend and movement along an ascending trendline. The stock remains supported by ongoing positive pressure from trading above its 50-day SMA. This recent rise came after the stock successfully absorbed previous overbought RSI levels, giving it more room to achieve further gains.

Therefore we expect the stock to rise in upcoming trading sessions, as long as support at $148.60 holds, targeting the key resistance level of $155.90 in preparation to challenge it.

Today’s price forecast: Bullish.