Mongodbs stock price (MDB) inched higher in the intraday levels, amid the dominance of the downward correctional trend in the short term while trading alongside the secondary trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.

Therefore we expect the stock to return lower, targeting the pivotal support of $321.00, provided it settles below the resistance of $365.00.

Trend forecast- Likely Bearish