After completing its last trading session, Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) dropped by -1.4% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To grasp this action better, 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 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 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.145, an Accumulation/Distribution Index (ADI) of 0.145, an On-Balance Volume (OBV) of 150.975, and a Chaiikin Money Flow (CMF) of 22.25. 5.281
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ). 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.