Nu Holdings Ltd. (NU) stock settled lower in its latest intraday trading, breaking below the support of its previous 50-day SMA, which exposes it to increased negative pressure under the dominance of a short-term corrective bearish wave. This is further supported by negative signals from the relative strength indicators, despite stabilizing in extremely oversold areas.

Therefore, we expect the stock to decline in its upcoming trading sessions, especially as long as it remains below $15.16, targeting the support level of $14.08.

Todays stock forecast: Bearish.