In its latest trading session, Civista Bancshares, Inc. (NASDAQ:CIVB) dropped by -1.1% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.855, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.322, an Accumulation/Distribution Index (ADI) of 0.322, an On-Balance Volume (OBV) of 231.156, and a Chaiikin Money Flow (CMF) of 21.46. 1.364
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Civista Bancshares, Inc. (NASDAQ:CIVB). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.