- VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF bearish trend is facing a possible turning point at $13.96
- Health Care Select Sector SPDR Fund's upper Bollinger Band® is at $135.08.
Technical chart analysis shows $13.96 is only 7 cents away for VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF and might put a stop to its current downtrend. Technical analysis trend indicators suggest that $14.11 marks the crossover point where VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF price action falls below its 3 day Simple Moving Average. Analysis based on the asset volatility indicates that VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF's lower Bollinger Band® is now at $13.7.
For the time being, VanEck Vectors ETF Trust – VanEck Vectors Social Sentiment ETF remains flat without a clear direction.
Financial Select Sector SPDR Fund's notable support and resistance levels: a persuasive break of this target could lead to higher losses. Concerning technical analysis and more specifically, trend indicators, Financial Select Sector SPDR Fund made an initial foray below its 50 day Simple Moving Average around $35.49. Asset volatility analysis shows that Financial Select Sector SPDR Fund's lower Bollinger Band® is at $35.21, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, Financial Select Sector SPDR Fund remains flat without a clear direction.
Trend and momentum analysis indicates that Health Care Select Sector SPDR Fund'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 $126.53, a low enough level to, generally, suggest that Health Care Select Sector SPDR Fund is trading below its fair value. Chart analysis suggests $126.04 is only 92 cents away for Health Care Select Sector SPDR Fund and might put a stop to its current downtrend.
For the time being, Health Care Select Sector SPDR Fund remains flat without a clear direction.
Fundamental indicators – United States Crude Oil Inventories beat the 457,000 projections, with 1.17 million.
Upcoming fundamentals: projections for United States Initial Jobless Claims are set for a continuation of decline with 195,000 while previous data was 192,000; data will be released today at 13:30 UTC.