Assured Guaranty now at $52.56 | Forthcoming price target: 53 cents lower at $52.03

  • Assured Guaranty bearish trend is facing a possible turning point at $52.03
  • Assurant's upper Bollinger Band® is at $134.32.

With regards to technical trend indicators, chart analysis show that Assured Guaranty Ltd. made an initial foray below its 5 day Simple Moving Average around $52.38. Analysis based on the asset volatility indicates that Assured Guaranty's lower Bollinger Band® is at $51.58, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains. Chart analysis indicates bearish run for Assured Guaranty is facing a possible turning point at $52.03, which is only 53 cents away. If this support line fails to hold, the next target will be at $51.5.

Overall, while Assured Guaranty has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

Around $38.11, Wells Fargo can look to establish a new bullish phase beyond its 5 day Simple Moving Average. Price action overcame a known Fibonacci resistance level at $38.41 by around 13 cents with prices hammering out a $37.77 – $38.67 session range. In contrast, Wells Fargo's run now faces a challenge at $38.88, which is only 34 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 Wells Fargo might continue pointing upwards in the short term.

Technical analysis trend indicators suggest that $131 marks the crossover point where Assurant price action falls below its 3 day Simple Moving Average. Visual analysis of Assurant's chart shows that Assurant is eyeing the $129.91 support line.

For the time being, Assurant remains flat without a clear direction.

Around $185.92, Morningstar can look to establish a new bullish phase beyond its 3 day Simple Moving Average. Despite this, Morningstar's recent run now faces a major challenge as concentrated supply is likely found at $188.8 with price action currently $1.26 away.

Overall, looking at the technical analysis landscape, it seems Morningstar might continue pointing upwards in the short term.

Fundamental indicators – United States API Weekly Crude Oil Stock released yesterday at 20:30 UTC with a figure of 3.62 million, while the previous figure was -3.94 million.

Upcoming fundamentals: United States Consumer Price Index figure is projected at 0.4%. It previously stood at 0.1%; data will be released today at 12:30 UTC.

#latest-stock-news

Bullish sentiment arrives following recent earnings figures among stocks

Bullish sentiment arrives following recent earnings figures among stocks

Constellation Brands Inc, McCormick & Company Inc, Acuity Brands, Inc. and other stocks published their quarterly earnings, check out this rundown of reports and ...
05 July, 2023
Boeing maintains composure within $210.25 to $212.17 range

Boeing maintains composure within $210.25 to $212.17 range

Investors are currently sidelined due to the July 4th holiday but will return to their desks today. Looking back over the previous session Monday: ...
05 July, 2023
DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

Investors are currently sidelined due to the July 4th holiday but will return to their desks today. Looking back over the previous session Monday: ...
05 July, 2023

مزایای تجارت با ما

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

حداقل واریز 10 دلار

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

پشتیبانی صمیمی، حرفه ای و شبانه روزی

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

محیط معاملاتی قابل اعتماد

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

اهرم معاملاتی انعطاف پذیر تا 1:1000

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

بالاترین امنیت وجوه

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

گزینه های مختلف سپرده و برداشت

سوال دارید؟ به مرکز راهنمایی DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend ما مراجعه کنید

سوال دارید؟ به مرکز راهنمایی DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend ما مراجعه کنید

تیم ما متعهد است که به بهترین شیوه ممکن به شما کمک کند. اگر به کمک نیاز داشتید حتماً با ما تماس بگیرید.