Banco De Chile (NYSE:BCH) Dropped -2.5% – Here’s Why

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In its latest trading session, Banco De Chile (NYSE:BCH) dropped by -2.5% – here is what that looked like (as of 2019-12-04):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 51.12, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.513, an Accumulation/Distribution Index (ADI) of 0.513, an On-Balance Volume (OBV) of 1266.889, and a Chaiikin Money Flow (CMF) of 20.28. 5.858

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Banco De Chile (NYSE:BCH). 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.