In its latest trading session, Washington Trust Bancorp, Inc. (NASDAQ:WASH) spiked up by 0.2% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? 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 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 -0.028, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.483, an Accumulation/Distribution Index (ADI) of 0.483, an On-Balance Volume (OBV) of 577.367, and a Chaiikin Money Flow (CMF) of -54.55. 2.868
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 Washington Trust Bancorp, Inc. (NASDAQ:WASH). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.