Williams-Sonomas stock price (WSM) fell in the intraday levels, with negative pressure from the 50-day SMA, while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA after reaching oversold levels.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $319.75, provided the support of $276.90 holds on.

Trend forecast: Likely Bullish