- Existing downtrend raises chances of a convincing break of current support target at $55.46
- T-Mobile's upper Bollinger Band® is at $156.18 which indicates a further downward move may follow.
Technical analysis trend indicators suggest that T-Mobile's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Analysis based on the asset volatility indicates that T-Mobile's lower Bollinger Band® is at $138.21, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, T-Mobile remains flat without a clear direction.
With regards to technical trend indicators, chart analysis show that Assured Guaranty's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Asset volatility analysis shows that Assured Guaranty's lower Bollinger Band® is now at $59.26.
For the time being, Assured Guaranty remains flat without a clear direction.
Trend analysis indicates that Western Alliance Bancorporation's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. According to asset volatility analysis, Bollinger Bands® shows an indication of recovery: the lower band is at $55.86, a low enough level to, generally, suggest that Western Alliance Bancorporation is trading below its fair value. As the day gets underway, chart analysis suggests Western Alliance Bancorporation is trending down and heading towards $55.46, which is only $1.31 away now. Hitting this support line might signal a change of direction.
For the time being, Western Alliance Bancorporation remains flat without a clear direction.
Fundamental indicators – United States Core Retail Sales published yesterday at 13:30 UTC came out at -0.2%, falling short of the 0.2% projections and continuing its decline from the previous 1.2% figure.