Shares of Fiat Chrysler Automobiles N.V. (FCAU) Sees Large Outflow of Money

Fiat Chrysler Automobiles N.V. (FCAU) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.79 million) in Fiat Chrysler Automobiles N.V. (FCAU). On Thursday, The value of composite uptick trades was $1.21 million, whereas, the value of composite downtick trades was $3 million and the ratio between the two was 0.4, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $1.11 million. $0.19 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.17. The negative money flow of ($0.92 million) shows selling on strength. Fiat Chrysler Automobiles N.V. (FCAU) gained $0.19 intraday at $6.75 and registrered 2.9% for the week.


The stock has recorded a 20-day Moving Average of 5.96% and the 50-Day Moving Average is 1.86%. Shares have dropped -33.15% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $10.93 and the one year low was seen on Jul 6, 2016. The 50-Day Moving Average price is $6.66 and the 200 Day Moving Average price is recorded at $7.29.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.72 and $6.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.76, notching a gain of 3.05% for the day. The total traded volume was 6,608,493 . The stock had closed at $6.56 on the previous day.

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