Here’s Why icad inc. (NASDAQ:ICAD) Jumped Up 5.3%

For its latest trading sesion, icad inc. (NASDAQ:ICAD) spiked up by 5.3% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, 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 -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.206, an Accumulation/Distribution Index (ADI) of 0.206, an On-Balance Volume (OBV) of 40.903, and a Chaiikin Money Flow (CMF) of -7.86. 1.143

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.