For its latest trading sesion, Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) dropped by -4.9% – 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. 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 0.029, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.143, an Accumulation/Distribution Index (ADI) of 0.143, an On-Balance Volume (OBV) of 26.39, and a Chaiikin Money Flow (CMF) of 26.46. 0.202
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW). 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.