In its most recent trading session, Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) spiked up by 1.3% – here is what that looked like (as of 2019-12-24):
What is the cause of all this?? To grasp this action better, it is helpful 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 -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.251, an Accumulation/Distribution Index (ADI) of 0.251, an On-Balance Volume (OBV) of 101.984, and a Chaiikin Money Flow (CMF) of -14.48. 3.286
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.