Here’s Why Sturm, Ruger & Company, Inc. (NYSE:RGR) Dropped -0.9%

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In its most recent trading session, Sturm, Ruger & Company, Inc. (NYSE:RGR) dropped by -0.9% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 50.847, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.015, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.872, an Accumulation/Distribution Index (ADI) of 0.872, an On-Balance Volume (OBV) of 785.985, and a Chaiikin Money Flow (CMF) of 44.55. 10.478

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of Sturm, Ruger & Company, Inc. (NYSE:RGR). 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.