- Lufax broke 5 cents above key handle at $1.34 with more upside now expected
- Bollinger analysis indicates upper Band® is at $238.94
Around $1.33, Lufax Holding Ltd can look to establish a new bullish phase beyond its 5 day Simple Moving Average. After testing beyond the $1.34 resistance level, Lufax price action is alternating above and below this key level.
Overall, looking at the technical analysis landscape, it seems Lufax might continue pointing upwards in the short term.
On the other hand, note that PayPal's run now faces a challenge at $63.08, which is only 3 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
Around $38.13, Moelis & Company can look to establish a new bullish phase beyond its 50 day Simple Moving Average. Despite this, it will be interesting to follow how Moelis & Company's run now faces a challenge at $38.4, which is only 28 cents away.
Overall, looking at the technical analysis landscape, it seems Moelis & Company might continue pointing upwards in the short term.
A study of Erie Indemnity's chart reveals various key levels to watch: Erie Indemnity's run now faces a challenge at $210.58, which is only $3.54 away and will be interesting to follow. Trend and momentum analysis indicates that Erie Indemnity's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. According to asset volatility analysis, Erie Indemnity's lower Bollinger Band® is now at $212.25.
For the time being, Erie Indemnity remains flat without a clear direction.
Fundamental indicators – data for United States Crude Oil Inventories published today at 15:00 UTC came out at 4.49 million, beating projections of -1.10 million and showing improvement over the preceding figure of -12.46 million.
Upcoming fundamentals: tomorrow at 12:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 180,000 from the preceding figure of 253,000.