In its most recent trading session, Spartan Motors, Inc. (NASDAQ:SPAR) spiked up by 3.5% – here is what that looked like (as of 2019-12-24):
What is the cause of all this?? To understand this better, it is helpful 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 -0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.31, an Accumulation/Distribution Index (ADI) of 0.31, an On-Balance Volume (OBV) of 57.742, and a Chaiikin Money Flow (CMF) of -17.81. 1.33
Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of Spartan Motors, Inc. (NASDAQ:SPAR). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.