After completing its last trading session, Western Alliance Bancorporation (NYSE:WAL) dropped by -0.1% – 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. 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 0.576, an Accumulation/Distribution Index (ADI) of 0.576, an On-Balance Volume (OBV) of 863.554, and a Chaiikin Money Flow (CMF) of 57.14. 8.467
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 Western Alliance Bancorporation (NYSE:WAL). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.