- Strong bullish sentiment set to meet bearish fightback around key resistance at $3.97, currently 6 cents away
- The lower Bollinger Band® is currently at $7.11 while the higher band is at $7.7
Banco Santander, S.A.'s notable support and resistance levels: Banco Santander, S.A.'s recent run now faces a major challenge as concentrated supply is likely found at $3.97 with price action currently 6 cents away. Trend-following investors would be interested to note that Banco Santander, S.A.'s CCI indicator is above +100. Momentum evaluation shows that the Relative Strength Index indicates Banco Santander, S.A. is in an overbought condition. According to asset volatility analysis, Banco Santander, S.A.'s upper Bollinger Band® is now at $3.89.
For the time being, Banco Santander, S.A. remains flat without a clear direction.
A study of Citigroup's chart reveals various key levels to watch: Citigroup's run now faces a challenge at $50.96, which is only 27 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. With regards to technical trend indicators, chart analysis show that around $50.34, Citigroup can look to establish a new bullish phase beyond its 3 day Simple Moving Average. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $52.3, thereby suggesting that Citigroup is becoming overvalued.
Notwithstanding Citigroup's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
A study of Citigroup's chart reveals various key levels to watch: Citigroup's run now faces a challenge at $50.96, which is only 27 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. With regards to technical trend indicators, chart analysis show that around $50.34, Citigroup can look to establish a new bullish phase beyond its 3 day Simple Moving Average. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $52.3, thereby suggesting that Citigroup is becoming overvalued.
Notwithstanding Citigroup's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
A study of Citigroup's chart reveals various key levels to watch: Citigroup's run now faces a challenge at $50.96, which is only 27 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. With regards to technical trend indicators, chart analysis show that around $50.34, Citigroup can look to establish a new bullish phase beyond its 3 day Simple Moving Average. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $52.3, thereby suggesting that Citigroup is becoming overvalued.
Notwithstanding Citigroup's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
Fundamental indicators – United States Consumer Confidence published yesterday at 15:00 UTC came out at 102.9, falling short of the 108.5 projections and continuing its decline from the previous 106 figure.
Upcoming fundamentals: United States Crude Oil Inventories projected to decline to 457,000 while previous data was 7.65 million; data will be released today at 15:30 UTC.