For its latest trading sesion, YY Inc. (NASDAQ:YY) dropped by -2.0% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 23.703, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.069, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.203, an Accumulation/Distribution Index (ADI) of 1.203, an On-Balance Volume (OBV) of 132.28, and a Chaiikin Money Flow (CMF) of -58.82. 1.206
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 YY Inc. (NASDAQ:YY). 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.