After completing its last trading session, Noah Holdings Ltd. (NYSE:NOAH) dropped by -5.0% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? 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 -0.014, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.562, an Accumulation/Distribution Index (ADI) of 0.562, an On-Balance Volume (OBV) of 287.268, and a Chaiikin Money Flow (CMF) of -38.33. 6.833
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
So there you have it – our analysis of Noah Holdings Ltd. (NYSE:NOAH). 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.