For its latest trading sesion, Commerce Bancshares, Inc. (NASDAQ:CBSH) dropped by -0.3% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? 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 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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.554, an Accumulation/Distribution Index (ADI) of 0.554, an On-Balance Volume (OBV) of 1940.927, and a Chaiikin Money Flow (CMF) of 68.33. 26.5
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Commerce Bancshares, Inc. (NASDAQ:CBSH). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.