For its latest trading sesion, Jianpu Technology Inc. (NYSE:JT) dropped by -4.4% – 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. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 26.424, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.113, an Accumulation/Distribution Index (ADI) of 0.113, an On-Balance Volume (OBV) of 4.816, and a Chaiikin Money Flow (CMF) of -1.58. 2.143
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of Jianpu Technology Inc. (NYSE:JT). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.