- Bullish session prepares challenge of $453.26 level, currently $9.41 above current price of $443.85
- Upper Bollinger Band® currently at $445.68
Concerning technical analysis and more specifically, trend indicators, Roper Technologies Inc's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Asset volatility analysis shows that Roper Technologies's upper Bollinger Band® is at $445.68. Visual analysis of Roper Technologies's chart shows that Roper Technologies's run now faces a challenge at $453.26, which is only $9.41 away and will be interesting to follow.
For the time being, Roper remains flat without a clear direction.
Charter's run now faces a challenge at $404, which is only $11.32 away. This should be interesting to follow. Despite posting gains on yesterday, Charter slid below its 21 day Simple Moving Average at $384.42 during the last session — an early indicator that a negative trend could be emerging. Bollinger Band® analysis indicates that current price action is approaching the upper band at $398.9, thereby suggesting that Charter is becoming overvalued.
Technical analysis suggests there could be an imminent reversal for Charter.
Trend and momentum analysis indicates that MSCI's CCI indicator is above +100. Analysis based on the asset volatility indicates that MSCI's upper Bollinger Band® is now at $520.79. Analysis of MSCI's recent price action suggests MSCI's nearest support level is at $492.86.
For the time being, MSCI remains flat without a clear direction.
Fundamental indicators – United States Consumer Price Index came out at 0.1%, while a consensus of analysts was expecting 0.3%.
Upcoming fundamentals: tomorrow at 13:30 UTC data for United States Retail Sales will be released, with an expected decline to -0.1% from the preceding figure of 1.3%.