- MACD index suggests Credicorp's medium-term trend indication has turned negative
- The lower Bollinger Band® is currently at $125.68 while the higher band is at $133.47
Credicorp Ltd.'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. The lower Bollinger Band® was crossed by Credicorp at $125.68.
Despite the market lacking direction, technical chart analysis strongly suggests Credicorp is positioned for a downward move in the near term.
Lufax's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average.
Overall, looking at the technical analysis landscape, it seems Lufax is likely to reverse course and start pointing down in the short term.
Trend analysis indicates that AMG's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Momentum evaluation shows that the Relative Strength Index shows AMG is in strong oversold condition. According to asset volatility analysis, AMG's lower Bollinger Band® is at $140.76, indicating that the market is oversold and fertile for new buyers.
For the time being, AMG remains flat without a clear direction.
Trend-focused traders would be interested to note that Brown & Brown's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Analysis based on the asset volatility indicates that Brown & Brown's lower Bollinger Band® is at $54.45, indicating that the market is oversold and fertile for new buyers.
For the time being, Brown & Brown remains flat without a clear direction.