MutualFirst Financial Inc. (NASDAQ:MFSF) Jumped Up 0.1%, But Why?

In its latest trading session, MutualFirst Financial Inc. (NASDAQ:MFSF) spiked up by 0.1% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.389, an Accumulation/Distribution Index (ADI) of 0.389, an On-Balance Volume (OBV) of 704.93, and a Chaiikin Money Flow (CMF) of -39.3. 1.556

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for MutualFirst Financial Inc. (NASDAQ:MFSF). 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.