After completing its last trading session, Photronics, Inc. (NASDAQ:PLAB) spiked up by 2.9% – here is what that looked like (as of 2019-12-11):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.183, an Accumulation/Distribution Index (ADI) of 0.183, an On-Balance Volume (OBV) of 106.018, and a Chaiikin Money Flow (CMF) of -12.22. 1.351
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Photronics, Inc. (NASDAQ:PLAB). 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.
2335 Holt Street, SAINT CROIX IN 47576