For its latest trading sesion, Sleep Number Corporation (NASDAQ:SNBR) dropped by -2.4% – 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 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 0.036, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.006, an Accumulation/Distribution Index (ADI) of 1.006, an On-Balance Volume (OBV) of 2654.501, and a Chaiikin Money Flow (CMF) of 47.92. 10.937
Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:
So there you have it – our analysis of Sleep Number Corporation (NASDAQ:SNBR). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.