In its latest trading session, The ONE Group Hospitality, Inc. (NASDAQ:STKS) dropped by -1.5% – here is what that looked like (as of 2019-12-26):
Why are these moves happning?? To understand this better, it is helpful 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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.088, an Accumulation/Distribution Index (ADI) of 0.088, an On-Balance Volume (OBV) of 15.151, and a Chaiikin Money Flow (CMF) of -3.44. 2.0
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for The ONE Group Hospitality, Inc. (NASDAQ:STKS). 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.