For its latest trading sesion, Shaw Communications Inc. (NYSE:SJR) spiked up by 0.1% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To have a greater insight of what is happening, 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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.14, an Accumulation/Distribution Index (ADI) of 0.14, an On-Balance Volume (OBV) of 105.327, and a Chaiikin Money Flow (CMF) of -20.38. 1.0
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Shaw Communications Inc. (NYSE:SJR). 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.