Here’s Why New Home Company Inc. (The) (NYSE:NWHM) Dropped -1.7%

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In its latest trading session, New Home Company Inc. (The) (NYSE:NWHM) dropped by -1.7% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:

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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.145, an Accumulation/Distribution Index (ADI) of 0.145, an On-Balance Volume (OBV) of 42.674, and a Chaiikin Money Flow (CMF) of 4.58. 9.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for New Home Company Inc. (The) (NYSE:NWHM). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.