iRobot Corporation (IRBT) Jumped Up 1.1%, But Why?

In its latest trading session, iRobot Corporation (IRBT) spiked up by 1.1% – here is what that looked like (as of 2019-08-29): …

In its latest trading session, iRobot Corporation (IRBT) spiked up by 1.1% – here is what that looked like (as of 2019-08-29):

IRBT Chart by TradingView

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 50.141, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.017, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.576, an Accumulation/Distribution Index (ADI) of 2.576, an On-Balance Volume (OBV) of 562.728, and a Chaiikin Money Flow (CMF) of 60.78. 2.143

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of iRobot Corporation (IRBT). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.

Becky Steen

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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becky@merakhaber.com

Becky Steen

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