Cree, Inc. ($CREE): A Professional’s Recap (2019-10-15)

REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CREE has been trading over the last 2 weeks and the past day especially. On its latest session, Cree, Inc. ($CREE) opened at 47.26, reaching a high of 47.58 and a low of 45.42 before closing at a price of 46.27. There was a total volume of 1576325.

VOLUME INDICATORS FOR CREE, INC. ($CREE): We saw an accumulation-distribution index of 754.21413, an on-balance volume of 47.58, chaikin money flow of 12.5 and a force index of 1.4008. There was an ease of movement rating of -0.01965, a volume-price trend of -6.92863 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CREE, INC. ($CREE): We noted an average true range of 1.33273, bolinger bands of 49.40156, an upper bollinger band of 43.51844, lower bollinger band of 45.42, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 46.75333, high band keltner channel of 46.43333, low band keltner channel of 47.07333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 45.42, a donchian channel low band of 45.42, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CREE, INC. ($CREE): We calculated a Moving Average Convergence Divergence (MACD) of 0.04667, a MACD signal of 0.02593, a MACD difference of 0.02074, a fast Exponential Moving Average (EMA) indicator of 45.42, a slow Exponential Moving Average (EMA) indicator of 45.42, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.15912, a trix of -11.77205, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 8.1019, a KST Oscillator (KST) of -151.37537 and a KST Oscillator (KST Signal) of -151.37537 (leaving a KST difference of 9.71565). We also found an Ichimoku rating of 47.42, an Ichimoku B rating of 47.42, a Ichimoku visual trend A of 54.2267, an Ichimoku visual trend B of 52.1106, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR CREE, INC. ($CREE): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.537, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -36.35203, a stochastic oscillator of 675.0, a stochastic oscillator signal of 675.0, a Williams %R rating of 575.0 and an awesome oscillator of 0.15633.

RETURNS FOR CREE, INC. ($CREE): There was a daily return of -15.13754, a daily log return of 4.47772 and a cumulative return of 4.57948.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Cree, Inc. ($CREE)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Cree, Inc. ($CREE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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