After completing its last trading session, Meredith Corporation (MDP) spiked up by 1.5% – here is what that looked like (as of 2019-10-29):
What’s the reason for these moves? 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 25.3, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.02, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.043, an Accumulation/Distribution Index (ADI) of 1.043, an On-Balance Volume (OBV) of 151.253, and a Chaiikin Money Flow (CMF) of -37.2. 1.277
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
So there you have it – our analysis of Meredith Corporation (MDP). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
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