Buyers pushing Moody's towards its price target of $350.46; currently at $347.72

• Moody's's recent run now faces a challenge at $350.46
• The lower Bollinger Band® is currently at $37.71 while the higher band is at $39.81

As Moody's's MACD index generated a crossover buy signal, the medium-term indication has turned positive. This occurs as the MACD line crosses above the MACD signal line. On the other hand, note that Moody's's recent run now faces a major challenge as concentrated supply is likely found at $350.46 with price action currently $2.74 away. Moody's's upper Bollinger Band® is at $350.

Overall, looking at the technical analysis landscape, it seems Moody's likely to continue pointing upward in the short term.

Chart analysis indicates HSBC's run now faces a challenge at $39.93, which is only 31 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-focused traders would be interested to note that HSBC'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 Bollinger Band® analysis indicates that current price action is approaching the upper band at $39.81, thereby suggesting that HSBC Holdings is becoming overvalued.

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

$48.78 marks the crossover point where Kemper price action falls below its 5 day Simple Moving Average. Price action pushed below a known Fibonacci support level at $48.48 by around 21.894 cents with prices hammering out a $48.21 – $49.5 range by session close. In contrast, Kemper's downtrend might be halted by its support level at $47.81, which is only 45 cents away.

Several technical indicators are adding weight to the bearish momentum seen Friday and forecasting Kemper to extend its recent losses.

Chart analysis suggests a convincing break of this target could pave the way for deeper losses. With regards to technical trend indicators, chart analysis show that $46.24 marks the crossover point where Citigroup price action falls below its 5 day Simple Moving Average. According to asset volatility analysis, Bollinger Bands® shows an indication of recovery: the lower band is at $45.29, a low enough level to, generally, suggest that Citigroup is trading below its fair value.

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

Upcoming fundamentals: United States ISM Manufacturing PMI (Jun) is expected tomorrow at 14:00 UTC.