Diamondrock Hospitality Company (DRH): What Are the Charts Indicating?

The Money Flow Index of Diamondrock Hospitality Company (DRH) this week has place the shares on the radar as it nears the key 20 or 30 level.  At the time of writing the MFI is dropping below 30 and trending lower for the name.  The Money Flow Index creates a ratio of Positive Money Flow and Negative Money Flow over time and scales it to a number between 0 and 100. The MFI value can be used to evaluate overbought and oversold conditions in a security the index moves above or below a certain reference level. Divergence between MFI and the price direction can also be indicative of a reversal. If price is trending higher and MFI is decreasing over that period, a market top may occur.

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When undertaking stock analysis, investors and traders may choose to view multiple technical levels in addition to the MFI. Diamondrock Hospitality Company (DRH) currently has a 14-day Commodity Channel Index (CCI) of -22.59. Investors and traders may use this

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