Advance Auto Parts Inc (NYSE:AAP) Jumped Up 3.0%, But Why?

In its most recent trading session, Advance Auto Parts Inc (NYSE:AAP) spiked up by 3.0% – here is what that looked like (as of 2019-12-11):

Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 33.421, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.044, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.289, an Accumulation/Distribution Index (ADI) of 2.289, an On-Balance Volume (OBV) of 6032.018, and a Chaiikin Money Flow (CMF) of -151.57. 1.356

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Advance Auto Parts Inc (NYSE:AAP). 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.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen

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