For its latest trading sesion, The Madison Square Garden Company (NASDAQ:MSG) dropped by -0.2% – 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. 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 -0.066, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 3.465, an Accumulation/Distribution Index (ADI) of 3.465, an On-Balance Volume (OBV) of 1269.455, and a Chaiikin Money Flow (CMF) of -294.3. 2.53
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude 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.