MiX Telematics Limited (NYSE:MIXT) Went Up 0.5%, And Here’s Why

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For its latest trading sesion, MiX Telematics Limited (NYSE:MIXT) spiked up by 0.5% – here is what that looked like (as of 2019-12-26):

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 32.801, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.206, an Accumulation/Distribution Index (ADI) of 0.206, an On-Balance Volume (OBV) of 55.468, and a Chaiikin Money Flow (CMF) of -12.56. 3.4

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of MiX Telematics Limited (NYSE:MIXT). 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.