In its most recent trading session, UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE) dropped by -0.4% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To have a greater insight of what is happening, We ought 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.475, an Accumulation/Distribution Index (ADI) of 0.475, an On-Balance Volume (OBV) of 228.512, and a Chaiikin Money Flow (CMF) of 29.38. 4.647
Now let’s plug these indicators in. According to Trading View, this is what it all means:
So there you have it – our analysis of UNIVERSAL INSURANCE HOLDINGS INC (NYSE:UVE). 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.