After completing its last trading session, Noodles & Company (NASDAQ:NDLS) dropped by -1.8% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.227, an Accumulation/Distribution Index (ADI) of 0.227, an On-Balance Volume (OBV) of 133.893, and a Chaiikin Money Flow (CMF) of 6.2. 4.0
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Noodles & Company (NASDAQ:NDLS). 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.