Coupa Software Incorporated (NASDAQ:COUP) Jumped Up 3.9%, But Why?

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In its most recent trading session, Coupa Software Incorporated (NASDAQ:COUP) spiked up by 3.9% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? 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 -0.043, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 4.096, an Accumulation/Distribution Index (ADI) of 4.096, an On-Balance Volume (OBV) of 425.12, and a Chaiikin Money Flow (CMF) of -153.57. 1.099

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.