In its latest trading session, Corporate Asset Backed Corp CABCO (NYSE:GYC) spiked up by 3.3% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To understand this better, it is helpful 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 -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.255, an Accumulation/Distribution Index (ADI) of 0.255, an On-Balance Volume (OBV) of 47.603, and a Chaiikin Money Flow (CMF) of -23.41. 1.0
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
So there you have it – our analysis of Corporate Asset Backed Corp CABCO (NYSE:GYC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.