Qudian Inc. (NYSE:QD) Fell By -4.4%, But Why?

In its latest trading session, Qudian Inc. (NYSE:QD) dropped by -4.4% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 51.312, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.25, an Accumulation/Distribution Index (ADI) of 0.25, an On-Balance Volume (OBV) of 129.93, and a Chaiikin Money Flow (CMF) of 4.8. 27.0

So what do these technical indicators mean? Let’s see. 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.