Steven Madden, Ltd. (NASDAQ:SHOO) Spiked Up 0.2% – Here’s Why

      Comments Off on Steven Madden, Ltd. (NASDAQ:SHOO) Spiked Up 0.2% – Here’s Why

In its latest trading session, Steven Madden, Ltd. (NASDAQ:SHOO) spiked up by 0.2% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.466, an Accumulation/Distribution Index (ADI) of 0.466, an On-Balance Volume (OBV) of 570.993, and a Chaiikin Money Flow (CMF) of 43.11. 1.242

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Steven Madden, Ltd. (NASDAQ:SHOO). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.