In its most recent trading session, Noodles & Company (NASDAQ:NDLS) dropped by -2.2% – 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. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 50.938, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.217, an Accumulation/Distribution Index (ADI) of 0.217, an On-Balance Volume (OBV) of 72.89, and a Chaiikin Money Flow (CMF) of 5.55. 2.864
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Noodles & Company (NASDAQ:NDLS). 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.