Nathan's Famous, Inc. (NASDAQ:NATH) Spiked Up 2.5% – Here’s Why

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In its most recent trading session, Nathan's Famous, Inc. (NASDAQ:NATH) spiked up by 2.5% – here is what that looked like (as of 2019-12-23):

What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 49.564, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.03, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.218, an Accumulation/Distribution Index (ADI) of 1.218, an On-Balance Volume (OBV) of 657.605, and a Chaiikin Money Flow (CMF) of 68.3. 2.896

So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Nathan's Famous, Inc. (NASDAQ:NATH). 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.