- Ongoing downtrend set to be challenged at $18.06 as top of an established support zone
- Integra LifeSciences's upper Bollinger Band® is at $55.66 which indicates a further downward move may follow.
$53.24 marks the crossover point where Integra LifeSciences Holdings Corporation price action falls below its 10 day Simple Moving Average. On the other hand, note that Integra LifeSciences is eyeing the $52.74 support line.
Following today's unexpected losses, extensive multifactorial technical analysis forecasts Integra to buck against its prevailing uptrend and begin to dip lower in the short term. With all probabilities considered, the the skin regeneration developer is expected to attract significant bearish sentiment in the coming days.
Host Hotels & Resorts made an initial foray below its 200 day Simple Moving Average around $18.16. Despite this, a convincing break of this target could pave the way for deeper losses.
Looking forward, Host Hotels & Resorts is poised to extend its strong downtrend and continue declining.
Around $74.17, AMD can look to establish a new bullish phase beyond its 10 day Simple Moving Average. A persuasive break of this target could lead to higher losses.
Technical analysis indicates that AMD (currently on a downtrend) might reverse course and start pointing upward in the short term.
Fundamental indicators – United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300.
Upcoming fundamentals: United States Pending Home Sales is projected to outperform its last figure with -5%. It previously stood at -10.2%; data will be released tomorrow at 15:00 UTC.