In its latest trading session, Magellan Health, Inc. (NASDAQ:MGLN) spiked up by 0.1% – here is what that looked like (as of 2019-12-11):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful 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 1.22, an Accumulation/Distribution Index (ADI) of 1.22, an On-Balance Volume (OBV) of 1254.684, and a Chaiikin Money Flow (CMF) of 78.34. 5.985
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
So there you have it – our analysis of Magellan Health, Inc. (NASDAQ:MGLN). 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