In its most recent trading session, Primoris Services Corporation (NASDAQ:PRIM) spiked up by 0.4% – here is what that looked like (as of 2019-12-11):
What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:
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 0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.356, an Accumulation/Distribution Index (ADI) of 0.356, an On-Balance Volume (OBV) of 127.424, and a Chaiikin Money Flow (CMF) of 22.16. 2.881
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 Primoris Services Corporation (NASDAQ:PRIM). 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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