For its latest trading sesion, Trinity Industries, Inc. (NYSE:TRN) spiked up by 2.1% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To understand this better, 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 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.364, an Accumulation/Distribution Index (ADI) of 0.364, an On-Balance Volume (OBV) of 208.214, and a Chaiikin Money Flow (CMF) of 22.54. 1.8
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
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.