Portman Ridge Finance Corporation (NASDAQ:PTMN) Spiked Up 0.5% – Here’s Why

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After completing its last trading session, Portman Ridge Finance Corporation (NASDAQ:PTMN) spiked up by 0.5% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 33.374, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.027, an Accumulation/Distribution Index (ADI) of 0.027, an On-Balance Volume (OBV) of 4.25, and a Chaiikin Money Flow (CMF) of -2.12. 1.0

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets 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.