For its latest trading sesion, Acco Brands Corporation (NYSE:ACCO) dropped by -1.9% – here is what that looked like (as of 2019-12-04):
Why are these moves happning?? 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 51.051, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.146, an Accumulation/Distribution Index (ADI) of 0.146, an On-Balance Volume (OBV) of 162.217, and a Chaiikin Money Flow (CMF) of 9.0. 6.286
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
So there you have it – our analysis of Acco Brands Corporation (NYSE:ACCO). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.