- Strong bullish sentiment set to meet bearish fightback around key resistance at $384.08, currently 32 cents away
- The lower Bollinger Band® is currently at $70.29 while the higher band is at $75.46
Momentum evaluation shows that the Relative Strength Index indicates Goldman Sachs is in an overbought condition. Following today's trading session, chart analysis suggests Goldman Sachs's run now faces a challenge at $384.08, which is only 32 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
AIG's recent run now faces a major challenge as concentrated supply is likely found at $61 with price action currently 30 cents away. The Relative Strength Index shows AIG has gone up above 70 going into overbought territory. AIG's upper Bollinger Band® is now at $62.32.
Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates AIG is set for a reversal in the coming days.
Around $349.68, S&P Global can look to establish a new bullish phase beyond its 5 day Simple Moving Average. Despite this, S&P Global's run now faces a challenge at $351.47, which is only 57 cents away and will be interesting to follow.
Overall, looking at the technical analysis landscape, it seems S&P Global might continue pointing upwards in the short term.
Trend analysis indicates that The Hartford's CCI indicator is above +100. Asset volatility analysis shows that The Hartford's upper Bollinger Band® is at $75.46. As the trading day comes to an end, chart analysis indicates The Hartford's run now faces a challenge at $74.86, which is only 3 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
Notwithstanding The Hartford's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
Fundamental indicators – United States 7-Year Note Auction released today at 18:00 UTC with a figure of 3.89, while the previous figure was 4.027.
Upcoming fundamentals: United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.5%; data will be released tomorrow at 13:30 UTC.