In its latest trading session, Azul S.A. (NYSE:AZUL) spiked up by 1.7% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
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 0.899, an Accumulation/Distribution Index (ADI) of 0.899, an On-Balance Volume (OBV) of 144.721, and a Chaiikin Money Flow (CMF) of -37.55. 1.963
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Azul S.A. (NYSE:AZUL). 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.