Seagate Technology PLC (NASDAQ:STX) Dropped -2.6% – Here’s Why

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After completing its last trading session, Seagate Technology PLC (NASDAQ:STX) dropped by -2.6% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 0.022, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.622, an Accumulation/Distribution Index (ADI) of 0.622, an On-Balance Volume (OBV) of 776.308, and a Chaiikin Money Flow (CMF) of 60.5. 12.053

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

So there you have it – our analysis of Seagate Technology PLC (NASDAQ:STX). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.