PUHUI WEALTH INVESTMENT MANAGEMENT CO., LTD. (NASDAQ:PHCF) Dropped -4.8% – Here’s Why

In its most recent trading session, PUHUI WEALTH INVESTMENT MANAGEMENT CO., LTD. (NASDAQ:PHCF) dropped by -4.8% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 52.401, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.111, an Accumulation/Distribution Index (ADI) of 0.111, an On-Balance Volume (OBV) of 2.567, and a Chaiikin Money Flow (CMF) of 2.14. 0.626

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

So there you have it – our analysis of PUHUI WEALTH INVESTMENT MANAGEMENT CO., LTD. (NASDAQ:PHCF). 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.