After completing its last trading session, Ceragon Networks Ltd. (NASDAQ:CRNT) dropped by -5.9% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 51.744, 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 0.079, an Accumulation/Distribution Index (ADI) of 0.079, an On-Balance Volume (OBV) of 5.216, and a Chaiikin Money Flow (CMF) of 2.21. 0.58
So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.