Affiliated Managers Group, Inc. (NYSE:AMG) Fell By -1.2%, And Here’s Why

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In its latest trading session, Affiliated Managers Group, Inc. (NYSE:AMG) dropped by -1.2% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 0.033, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.254, an Accumulation/Distribution Index (ADI) of 1.254, an On-Balance Volume (OBV) of 2044.029, and a Chaiikin Money Flow (CMF) of 83.99. 4.224

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Affiliated Managers Group, Inc. (NYSE:AMG). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.