Ennis, Inc. (NYSE:EBF) Jumped Up 0.2%, But Why?

After completing its last trading session, Ennis, Inc. (NYSE:EBF) spiked up by 0.2% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? 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 -0.024, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.204, an Accumulation/Distribution Index (ADI) of 0.204, an On-Balance Volume (OBV) of 283.546, and a Chaiikin Money Flow (CMF) of -21.89. 0.761

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Ennis, Inc. (NYSE:EBF). 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.