For its latest trading sesion, Destination XL Group, Inc. (NASDAQ:DXLG) dropped by -2.3% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 21.067, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.066, an Accumulation/Distribution Index (ADI) of 0.066, an On-Balance Volume (OBV) of 19.318, and a Chaiikin Money Flow (CMF) of -1.31. 13.0
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Destination XL Group, Inc. (NASDAQ:DXLG). 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.