For its latest trading sesion, On Deck Capital, Inc. (NYSE:ONDK) dropped by -0.7% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? 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 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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.08, an Accumulation/Distribution Index (ADI) of 0.08, an On-Balance Volume (OBV) of 28.81, and a Chaiikin Money Flow (CMF) of -4.12. 1.0
Now let’s plug these indicators in. According to Trading View, this is what it all means:
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.