For its latest trading sesion, IPG Photonics Corporation (NASDAQ:IPGP) spiked up by 1.2% – here is what that looked like (as of 2019-12-24):
What is the cause of all this?? To grasp this action 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 -0.012, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.855, an Accumulation/Distribution Index (ADI) of 2.855, an On-Balance Volume (OBV) of 7212.732, and a Chaiikin Money Flow (CMF) of -142.97. 2.206
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for IPG Photonics Corporation (NASDAQ:IPGP). 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.