In its latest trading session, Pangaea Logistics Solutions Ltd. (NASDAQ:PANL) dropped by -0.3% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.521, 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 0.053, an Accumulation/Distribution Index (ADI) of 0.053, an On-Balance Volume (OBV) of 12.525, and a Chaiikin Money Flow (CMF) of 3.05. 2.38
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 Pangaea Logistics Solutions Ltd. (NASDAQ:PANL). 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.