The Descartes Systems Group Inc. (NASDAQ:DSGX) Dropped -0.2% – Here’s Why

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In its latest trading session, The Descartes Systems Group Inc. (NASDAQ:DSGX) dropped by -0.2% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? 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 -0.016, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.419, an Accumulation/Distribution Index (ADI) of 0.419, an On-Balance Volume (OBV) of 90.132, and a Chaiikin Money Flow (CMF) of -43.85. 1.057

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

So there you have it – our analysis of The Descartes Systems Group Inc. (NASDAQ:DSGX). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.