Monocle Acquisition Corporation (NASDAQ:MNCL) Dropped -0.1% – Here’s Why

In its latest trading session, Monocle Acquisition Corporation (NASDAQ:MNCL) dropped by -0.1% – 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, We ought to analyze some technical indicators. The most important ones are as follows:

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 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.014, an Accumulation/Distribution Index (ADI) of 0.014, an On-Balance Volume (OBV) of 10.18, and a Chaiikin Money Flow (CMF) of 10.19. 0.333

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of Monocle Acquisition Corporation (NASDAQ:MNCL). 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.