For its latest trading sesion, Orrstown Financial Services Inc (NASDAQ:ORRF) dropped by -1.2% – 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. The most interesting and telling are these ones:
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 0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.3, an Accumulation/Distribution Index (ADI) of 0.3, an On-Balance Volume (OBV) of 46.2, and a Chaiikin Money Flow (CMF) of 23.31. 0.503
Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Orrstown Financial Services Inc (NASDAQ:ORRF). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.