East West Bancorp, Inc. (NASDAQ:EWBC) Fell By -1.2%, But Why?

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In its most recent trading session, East West Bancorp, Inc. (NASDAQ:EWBC) 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, 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 0.645, an Accumulation/Distribution Index (ADI) of 0.645, an On-Balance Volume (OBV) of 251.22, and a Chaiikin Money Flow (CMF) of 49.56. 1.693

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 East West Bancorp, Inc. (NASDAQ:EWBC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.