In its latest trading session, Photronics, Inc. (PLAB) spiked up by 4.0% – here is what that looked like (as of 2019-10-29):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
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 -0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.153, an Accumulation/Distribution Index (ADI) of 0.153, an On-Balance Volume (OBV) of 33.323, and a Chaiikin Money Flow (CMF) of -11.99. 1.587
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Photronics, Inc. (PLAB). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
Becky Steen
2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com