For its latest trading sesion, Entravision Communications Corporation (NYSE:EVC) spiked up by 2.3% – here is what that looked like (as of 2019-12-11):
What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.276, 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 0.086, an Accumulation/Distribution Index (ADI) of 0.086, an On-Balance Volume (OBV) of 20.974, and a Chaiikin Money Flow (CMF) of 2.61. 1.013
So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:
So there you have it – our analysis of Entravision Communications Corporation (NYSE:EVC). 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.
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