Here’s Why RCI Hospitality Holdings, Inc. (NASDAQ:RICK) Dropped -0.9%

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For its latest trading sesion, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) dropped by -0.9% – 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, 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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.373, an Accumulation/Distribution Index (ADI) of 0.373, an On-Balance Volume (OBV) of 154.673, and a Chaiikin Money Flow (CMF) of 20.44. 1.541

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 RCI Hospitality Holdings, Inc. (NASDAQ:RICK). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.