After completing its last trading session, Southern National Bancorp of Virginia, Inc. (SONA) dropped by -0.2% – here is what that looked like (as of 2019-10-29):
What’s the reason for these moves? To grasp this action better, 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 -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.156, an Accumulation/Distribution Index (ADI) of 0.156, an On-Balance Volume (OBV) of 52.188, and a Chaiikin Money Flow (CMF) of -15.52. 1.625
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 Southern National Bancorp of Virginia, Inc. (SONA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
Becky Steen
2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com