For its latest trading sesion, Tower Semiconductor Ltd. (NASDAQ:TSEM) dropped by -1.4% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To have a greater insight of what is happening, it is helpful 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 0.286, an Accumulation/Distribution Index (ADI) of 0.286, an On-Balance Volume (OBV) of 211.76, and a Chaiikin Money Flow (CMF) of 24.9. 7.0
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Tower Semiconductor Ltd. (NASDAQ:TSEM). 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.