Commerce Bancshares, Inc. (NASDAQ:CBSHP) Spiked Up 0.3% – Here’s Why

In its latest trading session, Commerce Bancshares, Inc. (NASDAQ:CBSHP) spiked up by 0.3% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:

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 -0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.131, an Accumulation/Distribution Index (ADI) of 0.131, an On-Balance Volume (OBV) of 118.736, and a Chaiikin Money Flow (CMF) of -26.5. 1.4

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Commerce Bancshares, Inc. (NASDAQ:CBSHP). 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.