C3.ai, Inc. (AI) stock price recorded gains in its latest intraday trading, as the stock attempts to recover part of its previous losses while unwinding its oversold conditions on the RSI, with positive signals starting to appear. However, negative pressure remains due to trading below its SMA50, which reinforces the stability and dominance of the main medium-term downtrend, with price action moving along a trend line supporting this bearish path.
Therefore we expect the stock price to decline in upcoming trading, as long as it remains below the $12.75 resistance level, to target the $8.80 support level.
Todays price forecast: Bearish