PSYC Corporation (PSYC)

[Don Beasley]

ADX value listed at 93.96 - $GOHE$

ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies. 0-25 shows Absent or Weak Trend, 25-50 indicates Strong Trend, 50-75 signals Very Strong Trend and 75-100 discloses Extremely Strong Trend.

The current ratio is 0.072. The current ratio is the classic measure of liquidity. It indicates whether the business can pay debts due within one year out of the current assets. The quick ratio is 0.071. 1:1 shows the business can meet its current financial obligations with quick funds on hand. A ratio lower than 1:1 may indicate that the company relies too much on inventory or other assets to pay its short-term liabilities.

Full Article 12/3/2018