Here’s Why Mizuho Financial Group, Inc. (NYSE:MFG) Dropped -0.3%

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In its most recent trading session, Mizuho Financial Group, Inc. (NYSE:MFG) dropped by -0.3% – 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. 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 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.02, an Accumulation/Distribution Index (ADI) of 0.02, an On-Balance Volume (OBV) of 6.17, and a Chaiikin Money Flow (CMF) of 3.09. 1.0

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

So there you have it – our analysis of Mizuho Financial Group, Inc. (NYSE:MFG). 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.