In its most recent trading session, HC2 Holdings, Inc. (NYSE:HCHC) dropped by -3.2% – here is what that looked like (as of 2019-12-24):
What is the cause of all this?? 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 51.138, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, 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 26.959, and a Chaiikin Money Flow (CMF) of 2.22. 4.6
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for HC2 Holdings, Inc. (NYSE:HCHC). 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.