Bright Horizons Family Solutions leapt up to $82 (0.87%) — now trading at $82.56.

On the flip side, highly important Initial Jobless Claims data from United States beat analyst expectations of 240,000 with a reading of 242,000. United States Crude Oil Inventories released earlier showed a marked improvement to -1.28 million from the preceding data of -5 million, but fell short of the -1.1 million figure forecast by a consensus of market analysts.

At the same time, United States Interest Rate came out at 5.25, while a consensus of analysts was expecting 5.25.

A study of Bright Horizons Family Solutions's chart reveals various key levels to watch: Bright Horizons Family Solutions Inc. could be slowing down soon as it approaches resistance at $84.1. Of course, crossing it might suggest further gains are ahead. Trend and momentum analysis indicates that investors are seeking long positions as Bright Horizons Family Solutions price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Crossed the $82.37 Fibonacci level, next level is at $83.4. Analysis based on the asset volatility indicates that Bright Horizons Family Solutions's upper Bollinger Band® is at $81.79, this is a slight indication of a slowdown.

Overall, the technical outlook suggests Bright Horizons Family Solutions is likely to remain muted for the immediate future, with no clear-cut direction.

While Bright Horizons Family Solutions is higher so far today, these consumer discretionary stocks are struggling: Walt Disney is trading around $97.81 (down 3.02%). After closing the previous session (yesterday) at $126.74, Nike lost $2.18 and is trading around $124.56. Home Depot is down to $288.98, losing 1.4%, after ending yesterday at $293.08.

Also worthy of note, United States Non Farm Payrolls projected to come out at 180,000 — worse than previous data of 236,000; data will be released tomorrow at 12:30 UTC. Tomorrow at 12:30 UTC data for United States Unemployment Rate will be released, with an expected decline to 3.6 from the preceding figure of 3.5.

This year has been a bright one for the largest employer-sponsored child care provider after trading as low as $55.75 and going on to appreciate by 24.47% year to date.