After completing its last trading session, Acorn International, Inc. (NYSE:ATV) spiked up by 2.5% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To grasp this action better, We ought 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.466, an Accumulation/Distribution Index (ADI) of 0.466, an On-Balance Volume (OBV) of 48.036, and a Chaiikin Money Flow (CMF) of -17.557. 2.67
Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:
So there you have it – our analysis of Acorn International, Inc. (NYSE:ATV). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.