Sunlands Technology Group (NYSE:STG) Fell By -0.4%, But Why?

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For its latest trading sesion, Sunlands Technology Group (NYSE:STG) dropped by -0.4% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To have a greater insight of what is happening, it is helpful 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 -0.002, 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 7.553, and a Chaiikin Money Flow (CMF) of -2.65. 1.857

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.