- Buoyed by a strong session amid an uptrend, Fresenius Medical Care is 45 cents away from testing key resistance at $23.73
- Aurora Cannabis's upper Bollinger Band® is at 70.1822 cents which indicates a further downward move may follow.
Trend-focused traders would be interested to note that Fresenius Medical Care AG & Co. KGaA's CCI indicator is above +100. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $23.66, thereby suggesting that Fresenius Medical Care is becoming overvalued. Fresenius Medical Care's notable support and resistance levels: Fresenius Medical Care's run now faces a challenge at $23.73, which is only 45 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
For the time being, Fresenius Medical Care remains flat without a clear direction.
Aurora Cannabis's bullish momentum is stalling and could turn negative in the short-term after the MACD crossed below its signal line — typically considered to be an early indicator of forthcoming bearish momentum. On the other hand, note that Aurora Cannabis's downtrend might be halted by its support level at 57.6733 cents, which is only 2 cents away. Aurora Cannabis's lower Bollinger Band® is now at 59.6148 cents.
Overall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Aurora Cannabis.
Expedia's upper Bollinger Band® is at $97.45. Expedia's recent run now faces a major challenge as concentrated supply is likely found at $94.7 with price action currently 51 cents away.
After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest Expedia is set for a reversal in the coming days.
Upcoming fundamentals: projections for United States Core Durable Goods Orders are set for a continuation of decline with -0.2% while previous data was -0.1%; data will be released tomorrow at 12:30 UTC.