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March 21, 2023
- Brown & Brown's CCI indicator is below -100
- Credicorp crossed the lower Bollinger Band® at $125.52.
Concerning technical analysis and more specifically, trend indicators, Brown & Brown, 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, Brown & Brown's lower Bollinger Band® is at $54.3.
For the time being, Brown & Brown remains flat without a clear direction.
Technical analysis trend indicators suggest that Janus Henderson'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 $25.14, a low enough level to, generally, suggest that Janus Henderson is trading below its fair value.
For the time being, Janus Henderson remains flat without a clear direction.
Credicorp's bullish momentum is stalling and could turn negative in the short-term after the MACD crossed below its signal line — typically considered to be an early indicator of forthcoming bearish momentum. Credicorp crossed the lower Bollinger Band® at $125.52.
Looking forward, Credicorp is poised to extend its strong downtrend and continue declining.
Trend analysis indicates that Lufax's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Yesterday's price action generated a Japanese candlestick pattern showing Lufax has formed a "bullish engulfing” pattern. Asset volatility analysis shows that Lufax's lower Bollinger Band® is at $1.82, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, Lufax remains flat without a clear direction.
