- Curaleaf bearish trend is facing a possible turning point at $5.2
- Restaurant Brands International's upper Bollinger Band® at $61.76, suggesting a further decline is forthcoming.
Following today's trading session, chart analysis suggests Curaleaf Holdings, Inc.'s run now faces a challenge at $5.2, which is only 14 cents away and will be interesting to follow. Concerning technical analysis and more specifically, trend indicators, $5.39 marks the crossover point where Curaleaf price action falls below its 10 day Simple Moving Average. Asset volatility analysis shows that Curaleaf's lower Bollinger Band® is now at $5.09.
For the time being, Curaleaf remains flat without a clear direction.
Trend-focused traders would be interested to note that Restaurant Brands International's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. According to asset volatility analysis, Restaurant Brands International's upper Bollinger Band® is at $61.76. As the trading day comes to an end, chart analysis indicates Restaurant Brands International could begin to recover as it approaches significant support, now 39 cents away from $60.09. Dipping below could be an indication that further losses are ahead.
Overall, while Restaurant Brands International has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
Jamf Holding's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average.
Overall, looking at the technical analysis landscape, it seems Jamf Holding is likely to reverse course and start pointing down in the short term.
Upcoming fundamentals: United States EIA Short-Term Energy Outlook is expected tomorrow at 17:00 UTC.