Current prices are bouncing away from strong support at $59.47
The lower Bollinger Band® is currently at $302.1 while the higher band is at $343.56

Around $60.24, Prosperity Bancshares, Inc. can look to establish a new bullish phase beyond its 50 day Simple Moving Average. Prosperity has formed a "bullish harami” candlestick pattern — typically an early indicator of a fading bear trend. Despite this, Prosperity Bancshares's run now faces a challenge at $59.47, which is only 26 cents away and will be interesting to follow. Prosperity is hovering around the $59.08 Fibonacci support level.

Technical analysis indicates that Prosperity Bancshares (currently on a downtrend) might reverse course and start pointing upward in the short term.

Shinhan Financial made an initial foray below its 5 day Simple Moving Average around $27.47. Shinhan Financial's upper Bollinger Band® is at $27.92. In contrast, Shinhan Financial could begin to recover as it approaches significant support, now 28 cents away from $27.18. Dipping below could be an indication that further losses are ahead.

Following today's unexpected losses, extensive multifactorial technical analysis forecasts Shinhan Financial to buck against its prevailing uptrend and begin to dip lower in the short term. With all probabilities considered, the the Korean fintech company is expected to attract significant bearish sentiment in the coming days.

Trend and momentum analysis indicates that Moody's's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. According to momentum evaluation, the Relative Strength Index indicates Moody's is in an overbought condition. According to asset volatility analysis, Moody's's upper Bollinger Band® is at $343.56. As the trading day comes to an end, chart analysis indicates Moody's's run now faces a challenge at $341.25, which is only 37 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.

For the time being, Moody's remains flat without a clear direction.

As HSBC'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 HSBC's recent run now faces a major challenge as concentrated supply is likely found at $39.17 with price action currently 47 cents away. HSBC Holdings's upper Bollinger Band® is now at $38.97.

Overall, looking at the technical analysis landscape, it seems HSBC Holdings likely to continue pointing upward in the short term.

Fundamental indicators – United States Interest Rate came out at 5.25, while a consensus of analysts was expecting 5.25.

Upcoming fundamentals: United States Retail Sales projected to decline to -0.1% while previous data was 0.4%; data will be released tomorrow at 12:30 UTC.