In its latest trading session, Atlas Financial Holdings, Inc. (NASDAQ:AFHBL) dropped by -9.9% – here is what that looked like (as of 2019-12-26):
What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 36.542, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.179, an Accumulation/Distribution Index (ADI) of 0.179, an On-Balance Volume (OBV) of 7.8, and a Chaiikin Money Flow (CMF) of -6.94. 0.05
Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:
So there you have it – our analysis of Atlas Financial Holdings, Inc. (NASDAQ:AFHBL). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.