In its latest trading session, Newater Technology, Inc. (NASDAQ:NEWA) spiked up by 1.4% – 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, We ought to analyze some technical indicators. The most important ones are as follows:

A *Money Flow Index* (MFI) of 26.36, a *Relative Strength Index* (RSI) of 50.0, a *True Strength Index* (TSI) of -100.0, a *Moving Average Convergence Divergence (MACD)* of -0.0, an *Average Directional Movement Index* (ADX) of unknown, an *Average True Range* (ATR) of 0.154, an *Accumulation/Distribution Index* (ADI) of 0.154, an *On-Balance Volume* (OBV) of 13.694, and a *Chaiikin Money Flow* (CMF) of -3.131. 0.887

Now let’s take all these indicators into account. Consulting *Trading View*, putting it all together gets the following:

So when putting all the technical indicators together, this is what you get. Note this is *technical* analysis only! You should do fundamental research as well, and __do not just rely on this__ – we take no responsibility for any losses incurred if you buy or sell based on the above.