For its latest trading sesion, Commercial Metals Company (CMC) spiked up by 0.8% – here is what that looked like (as of 2019-11-08):
Why are these moves happning?? 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 -0.013, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.333, an Accumulation/Distribution Index (ADI) of 0.333, an On-Balance Volume (OBV) of 396.028, and a Chaiikin Money Flow (CMF) of -20.01. 17.0
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of Commercial Metals Company (CMC). 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.
2335 Holt Street, SAINT CROIX IN 47576