Flaherty & Crumrine Preferred Income Fund Incorporated (NYSE:PFD) Jumped Up 0.2%, But Why?

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In its most recent trading session, Flaherty & Crumrine Preferred Income Fund Incorporated (NYSE:PFD) spiked up by 0.2% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, We ought 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.136, an Accumulation/Distribution Index (ADI) of 0.136, an On-Balance Volume (OBV) of 81.7, and a Chaiikin Money Flow (CMF) of -15.48. 0.5

So what do these technical indicators mean? Let’s see. Consulting 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.