Veritiv Corporation (NYSE:VRTV) Jumped Up 0.9%, But Why?

For its latest trading sesion, Veritiv Corporation (NYSE:VRTV) spiked up by 0.9% – 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, We ought to analyze some technical indicators. The most important ones are as follows:

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 -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.55, an Accumulation/Distribution Index (ADI) of 0.55, an On-Balance Volume (OBV) of 1001.912, and a Chaiikin Money Flow (CMF) of -20.21. 1.231

So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Veritiv Corporation (NYSE:VRTV). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.