In its most recent trading session, Uber Technologies, Inc. (NYSE:UBER) spiked up by 0.1% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 50.504, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.012, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.022, an Accumulation/Distribution Index (ADI) of 1.022, an On-Balance Volume (OBV) of 235.862, and a Chaiikin Money Flow (CMF) of 28.98. 1.088
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Uber Technologies, Inc. (NYSE:UBER). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.