After completing its last trading session, Principal Millennials Index ETF (NASDAQ:GENY) spiked up by 0.4% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To understand this 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 -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.298, an Accumulation/Distribution Index (ADI) of 0.298, an On-Balance Volume (OBV) of 83.93, and a Chaiikin Money Flow (CMF) of -41.89. 1.0
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Principal Millennials Index ETF (NASDAQ:GENY). 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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