Cutera, Inc. (NASDAQ:CUTR) Jumped Up 2.7%, But Why?

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In its latest trading session, Cutera, Inc. (NASDAQ:CUTR) spiked up by 2.7% – here is what that looked like (as of 2019-12-04):

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 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.78, an Accumulation/Distribution Index (ADI) of 0.78, an On-Balance Volume (OBV) of 834.225, and a Chaiikin Money Flow (CMF) of -37.26. 1.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Cutera, Inc. (NASDAQ:CUTR). 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.