After completing its last trading session, Advanced Drainage Systems, Inc. (NYSE:WMS) spiked up by 0.2% – 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. 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 -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.39, an Accumulation/Distribution Index (ADI) of 0.39, an On-Balance Volume (OBV) of 251.276, and a Chaiikin Money Flow (CMF) of -39.3. 1.857
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Advanced Drainage Systems, Inc. (NYSE:WMS). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.