TrueCar, Inc. (NASDAQ:TRUE) Fell By -0.8%, But Why?

After completing its last trading session, TrueCar, Inc. (NASDAQ:TRUE) dropped by -0.8% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To understand this better, 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.133, an Accumulation/Distribution Index (ADI) of 0.133, an On-Balance Volume (OBV) of 35.425, and a Chaiikin Money Flow (CMF) of -4.8. 1.842

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

So there you have it – our analysis of TrueCar, Inc. (NASDAQ:TRUE). 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.