Moneygram International, Inc. (NASDAQ:MGI) Went Up 5.8%, And Here’s Why

In its most recent trading session, Moneygram International, Inc. (NASDAQ:MGI) spiked up by 5.8% – 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. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 33.297, 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 0.207, an Accumulation/Distribution Index (ADI) of 0.207, an On-Balance Volume (OBV) of 11.922, and a Chaiikin Money Flow (CMF) of -2.06. 1.5

Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of Moneygram International, Inc. (NASDAQ:MGI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.