In its most recent trading session, Ternium S.A. (NYSE:TX) dropped by -1.8% – 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. The most important ones are as follows:
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 -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.29, an Accumulation/Distribution Index (ADI) of 0.29, an On-Balance Volume (OBV) of 185.383, and a Chaiikin Money Flow (CMF) of -22.72. 6.833
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of Ternium S.A. (NYSE:TX). 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.