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May 11, 2023
- Assurant is trending down and might signal a change of direction
- The upper Bollinger Band® of Prudential Financial is at $89.42.
Concerning technical analysis and more specifically, trend indicators, Prudential Financial Inc's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. According to asset volatility analysis, Prudential Financial's lower Bollinger Band® is at $78.77. As the day gets underway, chart analysis suggests a convincing break of this target could pave the way for deeper losses.
For the time being, Prudential Financial remains flat without a clear direction.
As the trading day commences, technical analysis suggests a persuasive break of this target could lead to higher losses.
As the trading day commences, technical analysis suggests TFS Financial Corp. is trending down and heading towards $11.23, which is only 2 cents away now. Hitting this support line might signal a change of direction. Trend and momentum analysis indicates that TFS Financial Corp.'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 Bollinger Bands® shows an indication of recovery: the lower band is at $11.03, a low enough level to, generally, suggest that TFS Financial Corp. is trading below its fair value.
For the time being, TFS Financial Corp. remains flat without a clear direction.
With regards to technical trend indicators, chart analysis show that around $52.47, AIG can look to establish a new bullish phase beyond its 10 day Simple Moving Average. Asset volatility analysis shows that AIG's upper Bollinger Band® is at $54.15. As the trading day commences, technical analysis suggests a convincing break of this target could pave the way for deeper losses.
For the time being, AIG remains flat without a clear direction.
Fundamental indicators – United States Producer Price Index released earlier showed a marked improvement to 0.2% from the preceding data of -0.4%, but fell short of the 0.3% figure forecast by a consensus of market analysts.
