For its latest trading sesion, CoStar Group, Inc. (NASDAQ:CSGP) dropped by -0.5% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To grasp this action better, We ought 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 -0.183, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 9.52, an Accumulation/Distribution Index (ADI) of 9.52, an On-Balance Volume (OBV) of 7429.365, and a Chaiikin Money Flow (CMF) of -604.37. 10.823
Now let’s plug these indicators in. According to 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.