PacWest Bancorp (NASDAQ:PACW) Fell By -1.3%, But Why?

      Comments Off on PacWest Bancorp (NASDAQ:PACW) Fell By -1.3%, But Why?

In its most recent trading session, PacWest Bancorp (NASDAQ:PACW) dropped by -1.3% – 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, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 51.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.021, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.564, an Accumulation/Distribution Index (ADI) of 0.564, an On-Balance Volume (OBV) of 338.361, and a Chaiikin Money Flow (CMF) of 36.99. 4.652

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of PacWest Bancorp (NASDAQ:PACW). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.