- KB Financial bearish trend is facing a possible turning point at $35.72
- The lower Bollinger Band® is currently at $342.26 while the higher band is at $366.62
KB Financial Group Inc.'s downtrend might be halted by its support level at $35.72, which is only 55 cents away. KB Financial's lower Bollinger Band® is at $35.62.
Technical analysis indicates that KB Financial (currently on a downtrend) might reverse course and start pointing upward in the short term.
Chart analysis suggests S&P Global's run now faces a challenge at $348.29, which is only $2.02 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 S&P Global's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Asset volatility analysis shows that S&P Global's upper Bollinger Band® is at $347.73.
Notwithstanding S&P Global's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
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 $3.75 with price action currently 2 cents away.
Concerning technical analysis and more specifically, trend indicators, Mastercard's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. Mastercard failed to break through the $366.56 Fibonacci resistance level. According to asset volatility analysis, Mastercard's upper Bollinger Band® is now at $366.62. Technical chart analysis shows Mastercard's run now faces a challenge at $368.17, which is only $1.7 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.
Fundamental indicators – United States ISM Manufacturing PMI (Mar) came out at 46.3, while a consensus of analysts was expecting 47.5.
Upcoming fundamentals: United States Crude Oil Inventories is projected to outperform its last figure with -1.8 million, having previously been at -7.49 million. The figure will be published tomorrow at 14:30 UTC.