Cummins Inc. (NYSE:CMI) Fell By -1.4%, But Why?

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In its latest trading session, Cummins Inc. (NYSE:CMI) dropped by -1.4% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To grasp this action better, 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 0.068, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.893, an Accumulation/Distribution Index (ADI) of 1.893, an On-Balance Volume (OBV) of 2303.263, and a Chaiikin Money Flow (CMF) of 179.32. 3.589

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Cummins Inc. (NYSE:CMI). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.