In its latest trading session, Mannatech, Incorporated (NASDAQ:MTEX) spiked up by 0.1% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.525, 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 0.295, an Accumulation/Distribution Index (ADI) of 0.295, an On-Balance Volume (OBV) of 34.31, and a Chaiikin Money Flow (CMF) of 15.928. 1.0
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Mannatech, Incorporated (NASDAQ:MTEX). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.