Five9, Inc. (FIVN) is the leading cloud call center software provider. Let's check out the charts to see if we should pick up a long position or put it on hold.
In the daily bar chart of FIVN, below, we can see that prices have moved higher the past year with a number of successful tests of the rising 200-day moving average line -- June, July, October and early November. Prices are also trading above the rising 50-day moving average line.
The trading volume has increased when prices have rallied sharply and the daily On-Balance-Volume (OBV) line shows a rise for the past year, telling us that buyers of FIVN have been more aggressive.
The trend-following Moving Average Convergence Divergence (MACD) oscillator is above the zero line in positive territory but pointed down in a take profits sell mode.