After completing its last trading session, Community West Bancshares (NASDAQ:CWBC) dropped by -2.5% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
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 0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.076, an Accumulation/Distribution Index (ADI) of 0.076, an On-Balance Volume (OBV) of 18.351, and a Chaiikin Money Flow (CMF) of 11.453. 1.643
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Community West Bancshares (NASDAQ:CWBC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.