In its latest trading session, Energous Corporation (WATT) dropped by -18.0% – here is what that looked like (as of 2019-11-11):
What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 58.06, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.017, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.147, an Accumulation/Distribution Index (ADI) of 0.147, an On-Balance Volume (OBV) of 25.108, and a Chaiikin Money Flow (CMF) of 2.83. 2.528
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Energous Corporation (WATT). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576