- Old Republic International's CCI indicator is below -100
- Brown & Brown's upper Bollinger Band® is at $58.41 which indicates a further downward move may follow.
Technical analysis trend indicators suggest that Old Republic International Corporation's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. According to momentum evaluation, the Relative Strength Index shows Old Republic International is in oversold condition. Asset volatility analysis shows that Old Republic International's lower Bollinger Band® is at $24.06.
For the time being, Old Republic International remains flat without a clear direction.
Trend analysis indicates that Principal'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 indicates Principal is in strong oversold condition. According to asset volatility analysis, Principal Financial's lower Bollinger Band® is now at $73.08.
For the time being, Principal remains flat without a clear direction.
Concerning technical analysis and more specifically, trend indicators, 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 $54.05, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, Brown & Brown remains flat without a clear direction.
Trend-following investors would be interested to note that HDFC Bank's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Momentum evaluation shows that first developed in 1978, the relative strength index (RSI) is a momentum oscillator that measures both the speed and rate of change in price movements within a market — measured as a 0-100 index. In HDFC Bank's case, the RSI has fallen below 30, indicating the asset is oversold. Analysis based on the asset volatility indicates that the lower Bollinger Band® of HDFC Bank is at $63.46.
For the time being, HDFC Bank remains flat without a clear direction.
Upcoming fundamentals: United States Philadelphia Fed Manufacturing Index (Mar) is scheduled for today at 12:30 UTC.