MACD suggests further downside for Credicorp as it drops 2.5%

MACD suggests further downside for Credicorp as it drops 2.5%
  • MACD index suggests Credicorp's medium-term trend indication has turned negative
  • A crossing of the lower Bollinger Band® at $125.66 suggests further losses may follow for Credicorp.

Credicorp Ltd.'s bullish momentum is stalling and could turn negative in the short-term after the MACD crossed below its signal line — typically considered to be an early indicator of forthcoming bearish momentum. The lower Bollinger Band® was crossed by Credicorp at $125.66.

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

Trend analysis indicates that Brown & Brown's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Analysis based on the asset volatility indicates that Brown & Brown's lower Bollinger Band® is at $54.42, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

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

Concerning technical analysis and more specifically, trend indicators, Janus Henderson's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Asset volatility analysis shows that Janus Henderson's lower Bollinger Band® is now at $25.2.

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

Trend and momentum analysis indicates that The Hartford's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. Momentum evaluation shows that the Relative Strength Index shows The Hartford is in strong oversold condition. Asset volatility analysis shows that Bollinger Bands® shows an indication of recovery: the lower band is at $68.53, a low enough level to, generally, suggest that The Hartford is trading below its fair value.

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

#latest-stock-news

Bullish sentiment arrives following recent earnings figures among stocks

Bullish sentiment arrives following recent earnings figures among stocks

Constellation Brands Inc, McCormick & Company Inc, Acuity Brands, Inc. and other stocks published their quarterly earnings, check out this rundown of reports and ...
05 July, 2023
Boeing maintains composure within $210.25 to $212.17 range

Boeing maintains composure within $210.25 to $212.17 range

Investors are currently sidelined due to the July 4th holiday but will return to their desks today. Looking back over the previous session Monday: ...
05 July, 2023
DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

Investors are currently sidelined due to the July 4th holiday but will return to their desks today. Looking back over the previous session Monday: ...
05 July, 2023

مزایای تجارت با ما

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

حداقل واریز 10 دلار

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

پشتیبانی صمیمی، حرفه ای و شبانه روزی

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

محیط معاملاتی قابل اعتماد

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

اهرم معاملاتی انعطاف پذیر تا 1:1000

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

بالاترین امنیت وجوه

DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

گزینه های مختلف سپرده و برداشت

سوال دارید؟ به مرکز راهنمایی DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend ما مراجعه کنید

سوال دارید؟ به مرکز راهنمایی DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend ما مراجعه کنید

تیم ما متعهد است که به بهترین شیوه ممکن به شما کمک کند. اگر به کمک نیاز داشتید حتماً با ما تماس بگیرید.