SPX Corporation (NYSE:SPXC) Went Up 1.6%, And Here’s Why

In its latest trading session, SPX Corporation (NYSE:SPXC) spiked up by 1.6% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To understand this 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 -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.514, an Accumulation/Distribution Index (ADI) of 0.514, an On-Balance Volume (OBV) of 637.994, and a Chaiikin Money Flow (CMF) of -50.79. 1.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for SPX Corporation (NYSE:SPXC). 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.