For its latest trading sesion, Retail Value Inc. (NYSE:RVI) dropped by -0.2% – 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 50.461, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.51, an Accumulation/Distribution Index (ADI) of 0.51, an On-Balance Volume (OBV) of 8001.617, and a Chaiikin Money Flow (CMF) of 36.18. 1.163
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 Retail Value Inc. (NYSE:RVI). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.