Buyers pushing Banco Santander, S.A. towards its price target of $3.73; currently at $3.71

• Banco Santander, S.A.'s recent run now faces a challenge at $3.73
• The lower Bollinger Band® is currently at $364.08 while the higher band is at $391.7

Support/Resistance levels obtained from chart analysis indicate that Banco Santander, S.A.'s recent run now faces a major challenge as concentrated supply is likely found at $3.73 with price action currently 2 cents away. Trend analysis indicates that Banco Santander, S.A.'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 $3.69, thereby suggesting that Banco Santander, S.A. is becoming overvalued.

Notwithstanding Banco Santander, S.A.'s appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Trend and momentum analysis indicates that Mastercard'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 Mastercard's upper Bollinger Band® is now at $391.7. Technical chart analysis shows Mastercard's run now faces a challenge at $396.28, which is only $2.98 away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

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

Concerning technical analysis and more specifically, trend indicators, Gallagher's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Price action overcame a known Fibonacci resistance level at $218.62 by around 95 cents with prices hammering out a $214.98 – $220.63 session range. Asset volatility analysis shows that Gallagher's upper Bollinger Band® is at $219.4. Gallagher chart analysis: Gallagher's run now faces a challenge at $221.81, which is only $2.24 away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

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

Trend-following investors would be interested to note that despite posting gains on yesterday, Wells Fargo slid below its 200 day Simple Moving Average at $42.66 during the last session — an early indicator that a negative trend could be emerging. Asset volatility analysis shows that Wells Fargo's upper Bollinger Band® is at $43.23. Support/Resistance levels obtained from chart analysis indicate that Wells Fargo's run now faces a challenge at $43.44, which is only 76 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

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

Fundamental indicators – United States Core PCE Price Index (YoY) (May) came out at 4.6, while a consensus of analysts was expecting 4.7.