Signature Bank (NASDAQ:SBNY) Fell By -0.7%, But Why?

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After completing its last trading session, Signature Bank (NASDAQ:SBNY) dropped by -0.7% – 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, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.403, an Accumulation/Distribution Index (ADI) of 1.403, an On-Balance Volume (OBV) of 1176.552, and a Chaiikin Money Flow (CMF) of 136.81. 3.624

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Signature Bank (NASDAQ:SBNY). 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.