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March 03, 2023
- Erie Indemnity's CCI indicator is below -100
- The upper Bollinger Band® of Erie Indemnity is at $248.1.
Trend-focused traders would be interested to note that Erie Indemnity Company's CCI indicator has fallen below -100, meaning prices are unusually low compared to their long-term average. According to asset volatility analysis, Erie Indemnity's lower Bollinger Band® is at $231.05, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, Erie Indemnity remains flat without a clear direction.
Tradeweb Markets's upper Bollinger Band® is now at $75.43.
Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Tradeweb Markets is set for a reversal in the coming days.
Concerning technical analysis and more specifically, trend indicators, Axos Financial's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Asset volatility analysis shows that Axos Financial's lower Bollinger Band® is at $45.85, indicating that the market is oversold and fertile for new buyers.
For the time being, Axos Financial remains flat without a clear direction.
OneMain's lower Bollinger Band® is now at $41.8.
Despite muted price action in OneMain, chart analysis indicates it is positioned for a bullish run in the short term.
Fundamental indicators – United States ISM Non-Manufacturing PMI (Feb) released today at 15:00 UTC with a figure of 55.1, while the previous figure was 55.2.
