In its latest trading session, Qumu Corporation (NASDAQ:QUMU) dropped by -1.0% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 33.215, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.108, an Accumulation/Distribution Index (ADI) of 0.108, an On-Balance Volume (OBV) of 15.493, and a Chaiikin Money Flow (CMF) of -2.6. 0.457
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Qumu Corporation (NASDAQ:QUMU). 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.