After completing its last trading session, Evercore Inc. (NYSE:EVR) dropped by -1.2% – 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 50.295, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.208, an Accumulation/Distribution Index (ADI) of 1.208, an On-Balance Volume (OBV) of 1428.918, and a Chaiikin Money Flow (CMF) of 76.56. 16.206
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
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.