- Bullish session prepares challenge of $104.15 level, currently $1.13 above current price of $105.28
- Bollinger analysis indicates upper Band® is at $92.14
Around $104.27, Discover Financial Services can look to establish a new bullish phase beyond its 200 day Simple Moving Average. Discover Financial Services's lower Bollinger Band® is at $102.08, indicating that the market is oversold and fertile for new buyers. Discover Financial Services's run now faces a challenge at $104.15, which is only $1.13 away and will be interesting to follow.
Overall, looking at the technical analysis landscape, it seems Discover Financial Services might continue pointing upwards in the short term.
A study of Wintrust's historical price actions shows $84.67 is only 75 cents away for Wintrust and might put a stop to its current downtrend. Trend-focused traders would be interested to note that Wintrust's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Asset volatility analysis shows that Wintrust's lower Bollinger Band® is now at $84.91.
For the time being, Wintrust remains flat without a clear direction.
It will be interesting to follow how SLM's run now faces a challenge at $16.76, which is only 9 cents away. Around $16.61, Sallie Mae can look to establish a new bullish phase beyond its 200 day Simple Moving Average. SLM's lower Bollinger Band® is at $16.4, indicating that the market is oversold and fertile for new buyers.
Examining the technical analysis landscape, SLM might continue its downtrend in the short term.
Technical chart analysis shows XP is trending down and heading towards $14.92, which is only 68 cents away now. Hitting this support line might signal a change of direction. With regards to technical trend indicators, chart analysis show that XP'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 $15.06, a low enough level to, generally, suggest that XP is trading below its fair value.
For the time being, XP remains flat without a clear direction.
Fundamental indicators – United States Federal Budget Balance (Nov) came out at -249 billion, while a consensus of analysts was expecting -248 billion.
Upcoming fundamentals: United States Consumer Price Index is expected today at 13:30 UTC.