CTS Corporation (NYSE:CTS) Fell By -1.8%, And Here’s Why

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In its most recent trading session, CTS Corporation (NYSE:CTS) dropped by -1.8% – 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, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 51.008, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.506, an Accumulation/Distribution Index (ADI) of 0.506, an On-Balance Volume (OBV) of 258.876, and a Chaiikin Money Flow (CMF) of 27.18. 3.75

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 CTS Corporation (NYSE:CTS). 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.