In its most recent trading session, SLM Corporation (NASDAQ:SLMBP) dropped by -0.4% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To grasp this action better, We ought 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 -0.028, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.414, an Accumulation/Distribution Index (ADI) of 0.414, an On-Balance Volume (OBV) of 150.387, and a Chaiikin Money Flow (CMF) of -55.46. 1.719
Now let’s plug these indicators in. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for SLM Corporation (NASDAQ:SLMBP). 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.