Polygon suffers from negative pressures - Forecast today - 14-04-2025
Polygon’s currency price (MATICUSDT) inched higher in latest intraday trading, while trying to recoup some recent losses, however, a negative divergence formed in the Stochastic after reaching overbought levels compared to the price’s movements, sending out negative signals, with ongoing negative pressure due to trading below the 50-day SMA, coupled with the dominance of the main downward trend.
Therefore we expect the price to decline in upcoming trading, provided it settles below $0.204, targeting the support of $0.149.
Today’s price forecast: Bearish
3M price tries to vent off oversold saturation - Forecast today - 14-04-2025
3M’s stock price rose in latest intraday trading, as the price tries to recoup some recent losses, while also trying to vent off oversold saturation in the Stochastic, with positive signals streaming out of it, as the price is also hurt by piercing the main upward trend line previously in the short term, with negative pressure due to trading below the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of $124.50, provided the resistance of $141.45 holds on.
Today’s price forecast: Bearish
Coinbase price rises cautiously - Forecast today - 14-04-2025
Coinbase Global’s stock price (COIN) gained ground in latest intraday trading, boosted by positive signals from the Stochastic, while trying to recoup some recent losses, amid the dominance of the downward correctional trend in the short term, as the price trades alongside the trend line, with ongoing negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to return lower in upcoming trading, targeting the pivotal support of $147.35, provided the resistance of $206.90 holds on.
Today’s price forecast: Bearish
Uber price trapped between a rock and a hard place - Forecast today - 14-04-2025
Uber Technologies’ stock price rose in the last session amid the dominance of the upward trend, as the price trades alongside the trend line with positive signals emerging from the Stochastic, thus readying to tackle the resistance of $73.40, as the price also tries to shake off negative pressure from the 50-day SMA and recover completely.
Therefore we stand neutral until the stock moves on the resistance of $73.40, with a breach confirming the price’s upward momentum, thus targeting the pivotal resistance of $82.14.
Today’s price forecast: Neutral