MSG Networks Inc. (NYSE:MSGN) Fell By -2.2%, And Here’s Why

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In its latest trading session, MSG Networks Inc. (NYSE:MSGN) dropped by -2.2% – 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 interesting and telling are these ones:

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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.332, an Accumulation/Distribution Index (ADI) of 0.332, an On-Balance Volume (OBV) of 340.47, and a Chaiikin Money Flow (CMF) of 17.37. 3.0

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

So there you have it – our analysis of MSG Networks Inc. (NYSE:MSGN). 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.