After completing its last trading session, Sysco Corporation (NYSE:SYY) dropped by -0.4% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.466, an Accumulation/Distribution Index (ADI) of 0.466, an On-Balance Volume (OBV) of 2868.401, and a Chaiikin Money Flow (CMF) of 84.66. 2.032
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
So there you have it – our analysis of Sysco Corporation (NYSE:SYY). 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