REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how OFIX has been trading over the last 2 weeks and the past day especially. On its latest session, Orthofix Medical Inc. ($OFIX) opened at 44.42, reaching a high of 45.12 and a low of 44.17 before closing at a price of 44.58. There was a total volume of 88733.
VOLUME INDICATORS FOR ORTHOFIX MEDICAL INC. ($OFIX): We saw an accumulation-distribution index of 150.45619, an on-balance volume of -44.42, chaikin money flow of 1.71429 and a force index of 0.2754. There was an ease of movement rating of 0.00224, a volume-price trend of -5.32135 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR ORTHOFIX MEDICAL INC. ($OFIX): We noted an average true range of 0.98845, bolinger bands of 44.18828, an upper bollinger band of 44.13172, lower bollinger band of 44.17, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 44.57, high band keltner channel of 43.87, low band keltner channel of 45.27, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 44.17, a donchian channel low band of 44.17, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR ORTHOFIX MEDICAL INC. ($OFIX): We calculated a Moving Average Convergence Divergence (MACD) of -0.00045, a MACD signal of -0.00025, a MACD difference of -0.0002, a fast Exponential Moving Average (EMA) indicator of 44.17, a slow Exponential Moving Average (EMA) indicator of 44.17, 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 0.15684, a trix of -9.52236, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 6.05772, a KST Oscillator (KST) of -120.60519 and a KST Oscillator (KST Signal) of -120.60519 (leaving a KST difference of -0.09955). We also found an Ichimoku rating of 44.77, an Ichimoku B rating of 44.77, a Ichimoku visual trend A of 50.6626, an Ichimoku visual trend B of 49.34701, 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 ORTHOFIX MEDICAL INC. ($OFIX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 25.5302, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -18.59928, a stochastic oscillator of 135.71429, a stochastic oscillator signal of 135.71429, a Williams %R rating of 35.71429 and an awesome oscillator of -0.10633.
RETURNS FOR ORTHOFIX MEDICAL INC. ($OFIX): There was a daily return of -12.06052, a daily log return of -0.04529 and a cumulative return of -0.04528.
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 2019-11-11 (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 Orthofix Medical Inc. ($OFIX)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Orthofix Medical Inc. ($OFIX) 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.