In its latest trading session, Covia Holdings Corporation (NYSE:CVIA) spiked up by 1.0% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.089, an Accumulation/Distribution Index (ADI) of 0.089, an On-Balance Volume (OBV) of 8.346, and a Chaiikin Money Flow (CMF) of -2.08. 1.286
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
So there you have it – our analysis of Covia Holdings Corporation (NYSE:CVIA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.