StoneMor Partners L.P. (NYSE:STON) Fell By -6.9%, But Why?

For its latest trading sesion, StoneMor Partners L.P. (NYSE:STON) dropped by -6.9% – 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. 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.058, an Accumulation/Distribution Index (ADI) of 0.058, an On-Balance Volume (OBV) of 62.146, and a Chaiikin Money Flow (CMF) of 1.45. 44.96

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

So there you have it – our analysis of StoneMor Partners L.P. (NYSE:STON). 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.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen

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