Here’s Why Matson, Inc. (NYSE:MATX) Dropped -1.4%

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In its latest trading session, Matson, Inc. (NYSE:MATX) dropped by -1.4% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? 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 0.013, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.625, an Accumulation/Distribution Index (ADI) of 0.625, an On-Balance Volume (OBV) of 241.549, and a Chaiikin Money Flow (CMF) of 40.31. 1.0

Now let’s plug these indicators in. Consulting Trading View, we can conclude 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.