Six Flags Entertainment Corporation New (NYSE:SIX) Jumped Up 0.4%, But Why?

      Comments Off on Six Flags Entertainment Corporation New (NYSE:SIX) Jumped Up 0.4%, But Why?

In its most recent trading session, Six Flags Entertainment Corporation New (NYSE:SIX) spiked up by 0.4% – 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. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 33.696, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.014, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.835, an Accumulation/Distribution Index (ADI) of 0.835, an On-Balance Volume (OBV) of 207.451, and a Chaiikin Money Flow (CMF) of -45.06. 1.943

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Six Flags Entertainment Corporation New (NYSE:SIX). 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.