In its latest trading session, Children's Place, Inc. (The) (NASDAQ:PLCE) 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 important ones are as follows:
A Money Flow Index (MFI) of 51.559, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.043, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.736, an Accumulation/Distribution Index (ADI) of 2.736, an On-Balance Volume (OBV) of 342.224, and a Chaiikin Money Flow (CMF) of 69.32. 4.132
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
So there you have it – our analysis of Children's Place, Inc. (The) (NASDAQ:PLCE). 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.