In its latest trading session, SLM Corporation (NASDAQ:SLM) dropped by -1.5% – 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, 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.15, an Accumulation/Distribution Index (ADI) of 0.15, an On-Balance Volume (OBV) of 157.16, and a Chaiikin Money Flow (CMF) of 8.94. 6.0
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for SLM Corporation (NASDAQ:SLM). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.