Columbus McKinnon Corporation (CMCO) Spiked Up 1.5% – Here’s Why

In its latest trading session, Columbus McKinnon Corporation (CMCO) spiked up by 1.5% – here is what that looked like (as of 2019-10-29):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 -0.012, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.692, an Accumulation/Distribution Index (ADI) of 0.692, an On-Balance Volume (OBV) of 165.26, and a Chaiikin Money Flow (CMF) of -37.8. 1.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Columbus McKinnon Corporation (CMCO). 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.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen

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