City Office REIT, Inc. (NYSE:CIO) Spiked Up 0.5% – Here’s Why

In its most recent trading session, City Office REIT, Inc. (NYSE:CIO) spiked up by 0.5% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 12.47, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.123, an Accumulation/Distribution Index (ADI) of 0.123, an On-Balance Volume (OBV) of 99.509, and a Chaiikin Money Flow (CMF) of -13.17. 6.333

Now let’s plug these indicators in. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for City Office REIT, Inc. (NYSE:CIO). 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.