Diamond S Shipping Inc. (NYSE:DSSI) Fell By -0.6%, But Why?

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After completing its last trading session, Diamond S Shipping Inc. (NYSE:DSSI) dropped by -0.6% – here is what that looked like (as of 2019-12-26):

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 interesting and telling are these ones:

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 -0.02, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.315, an Accumulation/Distribution Index (ADI) of 0.315, an On-Balance Volume (OBV) of 258.426, and a Chaiikin Money Flow (CMF) of -16.89. 14.2

Now let’s plug these indicators in. According to Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Diamond S Shipping Inc. (NYSE:DSSI). 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.