Hanesbrands Inc. (NYSE:HBI) Spiked Up 0.8% – Here’s Why

After completing its last trading session, Hanesbrands Inc. (NYSE:HBI) spiked up by 0.8% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 33.239, 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 0.309, an Accumulation/Distribution Index (ADI) of 0.309, an On-Balance Volume (OBV) of 75.917, and a Chaiikin Money Flow (CMF) of -14.62. 3.167

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.