AK Steel Holding Corporation (NYSE:AKS) Fell By -0.3%, But Why?

In its latest trading session, AK Steel Holding Corporation (NYSE:AKS) dropped by -0.3% – here is what that looked like (as of 2019-12-24):

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 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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.08, an Accumulation/Distribution Index (ADI) of 0.08, an On-Balance Volume (OBV) of 22.824, and a Chaiikin Money Flow (CMF) of 3.33. 2.333

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

So there you have it – our analysis of AK Steel Holding Corporation (NYSE:AKS). 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.