In its latest trading session, Red Lion Hotels Corporation (NYSE:RLH) dropped by -4.0% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 51.231, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.179, an Accumulation/Distribution Index (ADI) of 0.179, an On-Balance Volume (OBV) of 48.053, and a Chaiikin Money Flow (CMF) of 3.52. 10.2
Now let’s plug these indicators in. According to Trading View, this is what it all means:
So there you have it – our analysis of Red Lion Hotels Corporation (NYSE:RLH). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.