- Bullish session prepares challenge of $135.87 level, currently $1.77 above current price of $134.1
- The upper Bollinger Band® of LPL Financial is at $213.13.
LPL Financial Holdings Inc.'s bullish momentum is stalling and could turn negative in the short-term after the MACD crossed below its signal line — typically considered to be an early indicator of forthcoming bearish momentum. Despite this, LPL Financial's bearish trend is facing a possible turning point at $183.84, which is only $3.83 away. Will be interesting to follow. The lower Bollinger Band® of LPL Financial is at $187.53.
In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for LPL Financial.
$142.41 marks the crossover point where AMG price action falls below its 200 day Simple Moving Average. AMG's upper Bollinger Band® is at $145.83 which indicates a further downward move may follow. On the other hand, note that $139.34 is only $1.98 away for AMG and might put a stop to its current downtrend.
In the short term, AMG is expected to maintain its recent downtrend and continue spiralling lower.
Bollinger Band® analysis indicates that current price action is approaching the upper band at $136.73, thereby suggesting that Credicorp is becoming overvalued. Credicorp's run now faces a challenge at $135.87, which is only $1.77 away and will be interesting to follow. Despite this, 'Bullish Harami' is a candlestick chart indicator used for detecting reversals in an existing bear trend. It is generally indicated by a small price increase that's contained within a broader downward price movement and is commonly associated with a bearish trend coming to an end. Around $135.05, Credicorp can look to establish a new bullish phase beyond its 200 day Simple Moving Average.
Technical analysis of Credicorp price action suggests it is likely to undergo a short-term reversal amid broader bullish sentiment.
Technical analysis trend indicators suggest that Jefferies Financial Group Inc.'s CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Jefferies Financial Group Inc. is hovering around the $30.48 Fibonacci support level. Asset volatility analysis shows that Jefferies Financial Group Inc.'s lower Bollinger Band® is now at $30.06. Analysis of Jefferies Financial Group Inc.'s recent price action suggests Jefferies Financial Group Inc. is trending down and heading towards $30, which is only 35 cents away now. Hitting this support line might signal a change of direction.
For the time being, Jefferies Financial Group Inc. remains flat without a clear direction.
Fundamental indicators – United States Interest Rate released yesterday at 18:00 UTC with a figure of 5.25, while the previous figure was five.
Upcoming fundamentals: United States Non Farm Payrolls projected to come out at 180,000 — worse than previous data of 236,000; data will be released tomorrow at 12:30 UTC.
