In its most recent trading session, Citi Trends, Inc. (NASDAQ:CTRN) dropped by -0.1% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? 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 -0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.344, an Accumulation/Distribution Index (ADI) of 0.344, an On-Balance Volume (OBV) of 103.461, and a Chaiikin Money Flow (CMF) of -20.82. 1.526
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Citi Trends, Inc. (NASDAQ:CTRN). 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.