Waters Corporation (NYSE:WAT) Dropped -1.7% – Here’s Why

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After completing its last trading session, Waters Corporation (NYSE:WAT) dropped by -1.7% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To grasp this action better, it is helpful 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 0.076, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.287, an Accumulation/Distribution Index (ADI) of 2.287, an On-Balance Volume (OBV) of 1347.435, and a Chaiikin Money Flow (CMF) of 235.06. 2.406

Now let’s plug these indicators in. According to Trading View, we can conclude the following:

So when putting all the technical indicators together, this is what you get. 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.