In its latest trading session, First Trust International Equity Opportunities ETF (NASDAQ:FPXI) spiked up by 0.1% – here is what that looked like (as of 2019-12-04):
Why are these moves happning?? To grasp this action better, We ought 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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.286, an Accumulation/Distribution Index (ADI) of 0.286, an On-Balance Volume (OBV) of 290.925, and a Chaiikin Money Flow (CMF) of 38.28. 1.134
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
So when putting all the technical indicators together, this is what you get. 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.