Agilent Technologies, Inc. (A) slipped slightly in its latest intraday trading, as the stock took profits from previous gains and attempted to unwind some of its overbought conditions on the RSI, especially with a bearish crossover emerging. This minor pullback may allow the stock to regain its positive strength, reinforcing the stability of its clear short-term bullish trend, particularly as it continues to receive positive momentum from trading above its 50-day simple moving average.
Therefore, we expect the stock to rise in upcoming sessions, as long as support holds at 131.00, targeting the key resistance level of 153.75.
Todays price forecast: Bullish.