After completing its last trading session, Yunji Inc. (NASDAQ:YJ) spiked up by 12.7% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 46.108, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.317, an Accumulation/Distribution Index (ADI) of 0.317, an On-Balance Volume (OBV) of 26.635, and a Chaiikin Money Flow (CMF) of 4.48. 1.0
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 Yunji Inc. (NASDAQ:YJ). 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.