In its latest trading session, China Southern Airlines Company Limited (NYSE:ZNH) dropped by -1.9% – 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, 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 0.011, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.457, an Accumulation/Distribution Index (ADI) of 0.457, an On-Balance Volume (OBV) of 93.121, and a Chaiikin Money Flow (CMF) of 35.1. 1.684
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
So there you have it – our analysis of China Southern Airlines Company Limited (NYSE:ZNH). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.