Bitauto Holdings Limited (NYSE:BITA) Dropped -0.2% – Here’s Why

In its latest trading session, Bitauto Holdings Limited (NYSE:BITA) dropped by -0.2% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? To understand this better, We ought 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 0.014, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.193, an Accumulation/Distribution Index (ADI) of 0.193, an On-Balance Volume (OBV) of 232.163, and a Chaiikin Money Flow (CMF) of 14.94. 7.889

Now let’s plug these indicators in. According to Trading View, we can conclude the following:

So there you have it – our analysis of Bitauto Holdings Limited (NYSE:BITA). 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.