Strong bullish sentiment set to meet bearish fightback around key resistance at $51.58, currently 38 cents away
The lower Bollinger Band® is currently at $45.49 while the higher band is at $54.14

Support/Resistance levels obtained from chart analysis indicate that Prudential Financial Inc's recent run now faces a major challenge as concentrated supply is likely found at $86.21 with price action currently 80 cents away. Trend and momentum analysis indicates that Prudential Financial's CCI indicator is above +100. According to asset volatility analysis, Bollinger Band® analysis indicates that current price action is approaching the upper band at $86.09, thereby suggesting that Prudential Financial is becoming overvalued.

Notwithstanding Prudential Financial's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Assured Guaranty chart analysis: Assured Guaranty's run now faces a challenge at $54.32, which is only 46 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Trend analysis indicates that Assured Guaranty's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Assured Guaranty failed to break through the $54 Fibonacci resistance level. Analysis based on the asset volatility indicates that Assured Guaranty's upper Bollinger Band® is now at $54.14.

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

Chart analysis suggests Bank of America's recent run now faces a major challenge as concentrated supply is likely found at $29 with price action currently 28 cents away. Trend-focused traders would be interested to note that around $28.24, Bank of America can look to establish a new bullish phase beyond its 21 day Simple Moving Average. Price action overcame a known Fibonacci resistance level at $28.49 by around 22 cents with prices hammering out a $27.96 – $28.75 session range. Asset volatility analysis shows that Bank of America's upper Bollinger Band® is now at $29.22.

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

Analysis of AIG's recent price action suggests AIG's run now faces a challenge at $51.58, which is only 38 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow. Trend-following investors would be interested to note that AIG's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Analysis based on the asset volatility indicates that AIG's upper Bollinger Band® is at $52.35.

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

Fundamental indicators – United States API Weekly Crude Oil Stock released yesterday at 20:30 UTC with a figure of 377,000, while the previous figure was -4.35 million.

Upcoming fundamentals: United States Producer Price Index is projected to outperform its last figure with 0.1%. It previously stood at -0.1%; data will be released tomorrow at 12:30 UTC.