Kohls stock price (KSS) kept falling in the intraday levels after getting hurt by piercing the upward correctional trend line in the short term, with negative pressure from the 50-day SMA.

There are negative signals from the RSI after reaching oversold levels.

Therefore we expect more losses for the stock, targeting the first support at $20.77, provided the resistance of $24.22 holds on.

Expected trading range: between the support of $20.77 and the resistance of $24.22.

Trend forecast: Bearish