- Banco Santander, S.A.'s downward trend will be tested at $3.65 as key support
- Mastercard's upper Bollinger Band® at $381.84, suggesting a further decline is forthcoming.
Technical chart analysis shows bearish run for Banco Santander, S.A. is facing a possible turning point at $3.65, which is only 2 cents away. If this support line fails to hold, the next target will be at $3.62.
Despite being in the red so far in the current trading session, American Express peaked above its 21 day Simple Moving Average around $174.81 — typically an early indicator of a new bullish trend beginning to emerge. American Express's lower Bollinger Band® is at $171.22. A convincing break of this target could pave the way for deeper losses.
Technical analysis shows that American Express (currently on a downtrend) might reverse course and start going up in the short term.
Analysis of Moody's's recent price action suggests bearish run for Moody's is facing a possible turning point at $286.94, which is only $2.3 away. If this support line fails to hold, the next target will be at $284.64. With regards to technical trend indicators, chart analysis show that Moody's'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 Moody's's lower Bollinger Band® is now at $285.22.
For the time being, Moody's remains flat without a clear direction.
Mastercard's notable support and resistance levels: $350.47 is only $2.65 away for Mastercard and might put a stop to its current downtrend. Trend analysis indicates that Mastercard's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Mastercard is hovering around the $350.36 Fibonacci support level. Asset volatility analysis shows that Mastercard's lower Bollinger Band® is at $351.37, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, Mastercard remains flat without a clear direction.
Upcoming fundamentals: United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.2%; data will be released today at 13:30 UTC.