For its latest trading sesion, Applied Materials, Inc. (NASDAQ:AMAT) dropped by -2.4% – here is what that looked like (as of 2019-12-04):
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 0.034, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.842, an Accumulation/Distribution Index (ADI) of 0.842, an On-Balance Volume (OBV) of 360.169, and a Chaiikin Money Flow (CMF) of 56.7. 1.63
So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Applied Materials, Inc. (NASDAQ:AMAT). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.