Bath & Body Works Widens Q3 Sales Decline Forecast on Weak Store Traffic
📊 GOOGL — Piyasa Yorumu
▼ down · 55%The headline is not directly related to GOOGL, but it points to weak consumer spending in the retail sector, which could indirectly affect Alphabet through its advertising revenue. Technical indicators already present a weak outlook: RSI is near the oversold zone at 35, MACD is below the signal line, and the price is below both the SMA20 and SMA50. A 1% decline over the last 24 hours indicates negative short-term momentum. However, given the limited impact of the news and the absence of oversold technical conditions, a limited pullback is more likely than a strong decline.
📊 BBWI — Piyasa Yorumu
▼ down · 65%The headline indicates that the company has lowered its sales guidance due to weak store traffic, which could exert negative pressure on the stock. On the technical indicators, the RSI is at a neutral level of 51, but the MACD is in negative territory and below the signal line, pointing to short-term weakness. The price is just above the SMA20 but below the SMA50, suggesting limited upside. The 3.4% decline over the last 24 hours confirms increasing selling pressure. Therefore, the likelihood of continued downward movement in the short term is high, but since the stock is not in oversold territory, the decline is expected to remain limited.