In its latest trading session, Conduent Incorporated (NYSE:CNDT) dropped by -3.2% – here is what that looked like (as of 2019-12-26):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.232, an Accumulation/Distribution Index (ADI) of 0.232, an On-Balance Volume (OBV) of 282.814, and a Chaiikin Money Flow (CMF) of 6.59. 41.0
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Conduent Incorporated (NYSE:CNDT). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.