First National Corporation (NASDAQ:FXNC) Spiked Up 1.6% – Here’s Why

For its latest trading sesion, First National Corporation (NASDAQ:FXNC) spiked up by 1.6% – 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, We ought 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 0.294, an Accumulation/Distribution Index (ADI) of 0.294, an On-Balance Volume (OBV) of 80.602, and a Chaiikin Money Flow (CMF) of -20.62. 2.733

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So there you have it – our analysis of First National Corporation (NASDAQ:FXNC). 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.