Here’s Why eBay Inc. (NASDAQ:EBAY) Dropped -0.9%

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In its latest trading session, eBay Inc. (NASDAQ:EBAY) dropped by -0.9% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 50.523, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.427, an Accumulation/Distribution Index (ADI) of 0.427, an On-Balance Volume (OBV) of 345.998, and a Chaiikin Money Flow (CMF) of 36.3. 2.556

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for eBay Inc. (NASDAQ:EBAY). 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.