In its latest trading session, Arch Capital Group Ltd. (NASDAQ:ACGLP) spiked up by 0.1% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? 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 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 -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.054, an Accumulation/Distribution Index (ADI) of 0.054, an On-Balance Volume (OBV) of 59.121, and a Chaiikin Money Flow (CMF) of -25.495. 1.13
Now let’s plug these indicators in. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Arch Capital Group Ltd. (NASDAQ:ACGLP). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.