After completing its last trading session, Credit Suisse AG (NASDAQ:USLV) spiked up by 4.7% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 19.204, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.069, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 3.227, an Accumulation/Distribution Index (ADI) of 3.227, an On-Balance Volume (OBV) of 574.921, and a Chaiikin Money Flow (CMF) of -81.75. 1.0
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.