Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) Spiked Up 1.3% – Here’s Why

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After completing its last trading session, Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) spiked up by 1.3% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 25.115, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.101, an Accumulation/Distribution Index (ADI) of 0.101, an On-Balance Volume (OBV) of 20.64, and a Chaiikin Money Flow (CMF) of -6.85. 1.0

Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH). 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.