Hennessy Advisors, Inc. (NASDAQ:HNNA) Fell By -2.3%, And Here’s Why

For its latest trading sesion, Hennessy Advisors, Inc. (NASDAQ:HNNA) dropped by -2.3% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 33.052, 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 0.202, an Accumulation/Distribution Index (ADI) of 0.202, an On-Balance Volume (OBV) of 109.773, and a Chaiikin Money Flow (CMF) of -10.08. 7.667

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 Hennessy Advisors, Inc. (NASDAQ:HNNA). 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.