For its latest trading sesion, Ohio Valley Banc Corp. (NASDAQ:OVBC) dropped by -2.6% – 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 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 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.718, an Accumulation/Distribution Index (ADI) of 0.718, an On-Balance Volume (OBV) of 165.716, and a Chaiikin Money Flow (CMF) of 39.77. 3.066
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Ohio Valley Banc Corp. (NASDAQ:OVBC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.