LSI Industries Inc. (NASDAQ:LYTS) Jumped Up 0.5%, But Why?

In its most recent trading session, LSI Industries Inc. (NASDAQ:LYTS) spiked up by 0.5% – 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. 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 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.098, an Accumulation/Distribution Index (ADI) of 0.098, an On-Balance Volume (OBV) of 16.56, and a Chaiikin Money Flow (CMF) of 6.05. 1.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for LSI Industries Inc. (NASDAQ:LYTS). 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.