After completing its last trading session, United Rentals, Inc. (NYSE:URI) dropped by -1.3% – here is what that looked like (as of 2019-12-11):
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 0.067, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.413, an Accumulation/Distribution Index (ADI) of 2.413, an On-Balance Volume (OBV) of 3008.099, and a Chaiikin Money Flow (CMF) of 155.86. 17.667
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for United Rentals, Inc. (NYSE:URI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576