After completing its last trading session, Diamond S Shipping Inc. (NYSE:DSSI) dropped by -1.2% – 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. 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 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.299, an Accumulation/Distribution Index (ADI) of 0.299, an On-Balance Volume (OBV) of 68.462, and a Chaiikin Money Flow (CMF) of 16.86. 1.917
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Diamond S Shipping Inc. (NYSE:DSSI). 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.
2335 Holt Street, SAINT CROIX IN 47576