For its latest trading sesion, Xilinx, Inc. (NASDAQ:XLNX) dropped by -2.3% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To have a greater insight of what is happening, 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 -0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.687, an Accumulation/Distribution Index (ADI) of 1.687, an On-Balance Volume (OBV) of 795.679, and a Chaiikin Money Flow (CMF) of -101.65. 6.686
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Xilinx, Inc. (NASDAQ:XLNX). 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.