In its latest trading session, Varian Medical Systems, Inc. (NYSE:VAR) spiked up by 0.1% – 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, 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 -0.019, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.386, an Accumulation/Distribution Index (ADI) of 1.386, an On-Balance Volume (OBV) of 1393.932, and a Chaiikin Money Flow (CMF) of -142.8. 6.615
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Varian Medical Systems, Inc. (NYSE:VAR). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.