- Moody's's recent run now faces a challenge at $267.64
- The lower Bollinger Band® is currently at $56.27 while the higher band is at $69.44
With regards to technical trend indicators, chart analysis show that Moody's's CCI indicator is above +100. Analysis based on the asset volatility indicates that Moody's's upper Bollinger Band® is at $273.89. Moody's chart analysis: Moody's's recent run now faces a major challenge as concentrated supply is likely found at $267.64 with price action currently 50 cents away.
For the time being, Moody's remains flat without a clear direction.
Aflac's notable support and resistance levels: Aflac's run now faces a challenge at $68.25, which is only 27 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Trend and momentum analysis indicates that Aflac's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. According to momentum evaluation, the Relative Strength Index indicates Aflac is in an overbought condition. According to asset volatility analysis, Aflac's upper Bollinger Band® is now at $69.44.
Overall, while Aflac has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
With regards to technical trend indicators, chart analysis show that American Express's CCI indicator is above +100. American Express is hovering above a known Fibonacci resistance level of $149.95. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $152, thereby suggesting that American Express is becoming overvalued. Support/Resistance levels obtained from chart analysis indicate that American Express's recent run now faces a major challenge as concentrated supply is likely found at $148.43 with price action currently $1.77 away.
For the time being, American Express remains flat without a clear direction.
Around $201.82, Visa Inc. can look to establish a new bullish phase beyond its 10 day Simple Moving Average. In contrast, Visa Inc.'s run now faces a challenge at $202.51, which is only 73 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
Overall, looking at the technical analysis landscape, it seems Visa Inc. might continue pointing upwards in the short term.
Fundamental indicators – United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of 5.62 million, while the previous figure was -6.53 million.
Upcoming fundamentals: United States Crude Oil Inventories is projected to outperform its last figure with 1.36 million. It previously stood at -3.12 million; data will be released today at 15:30 UTC.