National Instruments Corporation (NASDAQ:NATI) Fell By -0.8%, And Here’s Why

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In its latest trading session, National Instruments Corporation (NASDAQ:NATI) dropped by -0.8% – 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 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 0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.533, an Accumulation/Distribution Index (ADI) of 0.533, an On-Balance Volume (OBV) of 229.583, and a Chaiikin Money Flow (CMF) of 42.7. 1.0

So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for National Instruments Corporation (NASDAQ:NATI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.