Here’s Why PennyMac Financial Services, Inc. (NYSE:PFSI) Dropped -0.3%

      Comments Off on Here’s Why PennyMac Financial Services, Inc. (NYSE:PFSI) Dropped -0.3%

For its latest trading sesion, PennyMac Financial Services, Inc. (NYSE:PFSI) dropped by -0.3% – here is what that looked like (as of 2019-12-04):

What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.357, an Accumulation/Distribution Index (ADI) of 0.357, an On-Balance Volume (OBV) of 712.653, and a Chaiikin Money Flow (CMF) of 33.81. 3.273

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.