In its latest trading session, Patrick Industries, Inc. (NASDAQ:PATK) dropped by -1.1% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To understand this better, We ought 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 -0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.959, an Accumulation/Distribution Index (ADI) of 0.959, an On-Balance Volume (OBV) of 245.223, and a Chaiikin Money Flow (CMF) of -52.87. 5.667
So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Patrick Industries, Inc. (NASDAQ:PATK). 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.