Here’s Why ASE Technology Holding Co., Ltd. (NYSE:ASX) Dropped -2.7%

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In its most recent trading session, ASE Technology Holding Co., Ltd. (NYSE:ASX) dropped by -2.7% – 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 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.051, an Accumulation/Distribution Index (ADI) of 0.051, an On-Balance Volume (OBV) of 77.73, and a Chaiikin Money Flow (CMF) of 5.55. 5.575

Now let’s plug these indicators in. According to Trading View, this is what it all means:

So there you have it – our analysis of ASE Technology Holding Co., Ltd. (NYSE:ASX). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.