Urban Outfitters, Inc. (NASDAQ:URBN) Dropped -4.0% – Here’s Why

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For its latest trading sesion, Urban Outfitters, Inc. (NASDAQ:URBN) dropped by -4.0% – 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 important ones are as follows:

A Money Flow Index (MFI) of 51.825, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.018, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.586, an Accumulation/Distribution Index (ADI) of 0.586, an On-Balance Volume (OBV) of 5516.291, and a Chaiikin Money Flow (CMF) of 25.31. 211.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Urban Outfitters, Inc. (NASDAQ:URBN). 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.