- Strong bullish sentiment set to meet bearish fightback around key resistance at $390.47, currently $1.61 away
- The lower Bollinger Band® is currently at $125.81 while the higher band is at $138.81
Goldman Sachs's recent run now faces a major challenge as concentrated supply is likely found at $390.47 with price action currently $1.61 away. Goldman Sachs's upper Bollinger Band® is now at $401.55.
After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest Goldman Sachs is set for a reversal in the coming days.
Moody's's run now faces a challenge at $303.64, which is only $2.64 away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
Technical chart analysis shows JP Morgan Chase's recent run now faces a major challenge as concentrated supply is likely found at $137.24 with price action currently 50 cents away. Technical analysis trend indicators suggest that JP Morgan Chase's CCI indicator is above +100. Momentum evaluation shows that the Relative Strength Index indicates JP Morgan Chase is in an overbought condition. According to asset volatility analysis, JP Morgan Chase's upper Bollinger Band® is at $138.81.
Overall, while JP Morgan Chase has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
AIG's recent run now faces a major challenge as concentrated supply is likely found at $61.62 with price action currently 54 cents away. AIG's upper Bollinger Band® is now at $62.18.
After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest AIG is set for a reversal in the coming days.