SolarEdge Technologies, Inc. (NASDAQ:SEDG) Dropped -0.9% – Here’s Why

In its latest trading session, SolarEdge Technologies, Inc. (NASDAQ:SEDG) dropped by -0.9% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To understand this 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 0.015, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.447, an Accumulation/Distribution Index (ADI) of 2.447, an On-Balance Volume (OBV) of 257.316, and a Chaiikin Money Flow (CMF) of 95.0. 0.67

Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:

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.