In its most recent trading session, Macquarie First Trust Global (NYSE:MFD) dropped by -1.1% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.076, an Accumulation/Distribution Index (ADI) of 0.076, an On-Balance Volume (OBV) of 30.773, and a Chaiikin Money Flow (CMF) of 10.69. 1.611
So what do these technical indicators mean? Let’s see. 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.