PC Connection, Inc. (NASDAQ:CNXN) Fell By -0.3%, And Here’s Why

      Comments Off on PC Connection, Inc. (NASDAQ:CNXN) Fell By -0.3%, And Here’s Why

After completing its last trading session, PC Connection, Inc. (NASDAQ:CNXN) dropped by -0.3% – 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 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 0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.65, an Accumulation/Distribution Index (ADI) of 0.65, an On-Balance Volume (OBV) of 585.403, and a Chaiikin Money Flow (CMF) of 51.94. 3.655

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of PC Connection, Inc. (NASDAQ:CNXN). 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.