- Prudential Financial's recent run now faces a challenge at $106.44
- Upper Bollinger Band® currently at $107.12
A study of AIG's chart reveals various key levels to watch: American International Group Inc's recent run now faces a major challenge as concentrated supply is likely found at $58.68 with price action currently $1.43 away. Trend analysis indicates that AIG's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Momentum evaluation shows that the Relative Strength Index indicates AIG is in an overbought condition. According to asset volatility analysis, AIG's upper Bollinger Band® is at $57.84.
For the time being, AIG remains flat without a clear direction.
Technical chart analysis shows Bank of America's recent run now faces a major challenge as concentrated supply is likely found at $37.1 with price action currently 91 cents away.
Banco Bilbao Vizcaya Argentaria's run now faces a challenge at $5.25, which is only 4 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Despite posting gains so far today, Banco Bilbao Vizcaya Argentaria slid below its 5 day Simple Moving Average at $5.2 in earlier trade — an early indicator that a negative trend could be emerging.
Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Banco Bilbao Vizcaya Argentaria is set for a reversal in the coming days.
A study of Prudential Financial's historical price actions shows Prudential Financial's recent run now faces a major challenge as concentrated supply is likely found at $106.44 with price action currently 5 cents away. Concerning technical analysis and more specifically, trend indicators, Prudential Financial's CCI indicator is above +100. According to momentum evaluation, the Relative Strength Index indicates Prudential Financial is in an overbought condition. Asset volatility analysis shows that Prudential Financial's upper Bollinger Band® is now at $107.12.
For the time being, Prudential Financial remains flat without a clear direction.
Fundamental indicators – United States JOLTs Job Openings (Sep) released today at 14:00 UTC with a figure of 10.72 million, while the previous figure was 10.28 million.
Upcoming fundamentals: tomorrow at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to 267,000 from the preceding figure of 2.59 million.