SemiLEDS Corporation (NASDAQ:LEDS) Jumped Up 2.4%, But Why?

After completing its last trading session, SemiLEDS Corporation (NASDAQ:LEDS) spiked up by 2.4% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? 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 31.946, 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 0.078, an Accumulation/Distribution Index (ADI) of 0.078, an On-Balance Volume (OBV) of 5.961, and a Chaiikin Money Flow (CMF) of -2.1. 1.796

So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:

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