Designer Brands Inc. (NYSE:DBI) Went Up 0.9%, And Here’s Why

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In its latest trading session, Designer Brands Inc. (NYSE:DBI) spiked up by 0.9% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To grasp this action 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 16.076, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.391, an Accumulation/Distribution Index (ADI) of 0.391, an On-Balance Volume (OBV) of 196.373, and a Chaiikin Money Flow (CMF) of -16.05. 1.043

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

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