GrubHub Inc. (NYSE:GRUB) Dropped -0.1% – Here’s Why

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In its most recent trading session, GrubHub Inc. (NYSE:GRUB) dropped by -0.1% – here is what that looked like (as of 2019-12-26):

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 50.239, 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 1.625, an Accumulation/Distribution Index (ADI) of 1.625, an On-Balance Volume (OBV) of 245.675, and a Chaiikin Money Flow (CMF) of 48.63. 1.869

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for GrubHub Inc. (NYSE:GRUB). 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.