Here’s Why Veritex Holdings, Inc. (NASDAQ:VBTX) Dropped -0.6%

      Comments Off on Here’s Why Veritex Holdings, Inc. (NASDAQ:VBTX) Dropped -0.6%

After completing its last trading session, Veritex Holdings, Inc. (NASDAQ:VBTX) dropped by -0.6% – here is what that looked like (as of 2019-12-04):

What’s the reason for these moves? To grasp this action 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 0.007, 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 95.549, and a Chaiikin Money Flow (CMF) of 25.77. 0.739

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

That is what an analysis of technical indicators seems to indicate for Veritex Holdings, Inc. (NASDAQ:VBTX). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.