Here’s Why Navios Maritime Acquisition Corporation (NYSE:NNA) Dropped -0.8%

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In its latest trading session, Navios Maritime Acquisition Corporation (NYSE:NNA) dropped by -0.8% – here is what that looked like (as of 2019-12-26):

What is the cause of all this?? To understand this better, 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 -0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.243, an Accumulation/Distribution Index (ADI) of 0.243, an On-Balance Volume (OBV) of 125.14, and a Chaiikin Money Flow (CMF) of -8.35. 13.5

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Navios Maritime Acquisition Corporation (NYSE:NNA). 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.