In its most recent trading session, L.B. Foster Company (NASDAQ:FSTR) spiked up by 0.6% – 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. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 50.523, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.011, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.592, an Accumulation/Distribution Index (ADI) of 0.592, an On-Balance Volume (OBV) of 237.29, and a Chaiikin Money Flow (CMF) of 18.63. 4.212
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 L.B. Foster Company (NASDAQ:FSTR). 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.