Here’s Why Orthofix Medical Inc. (NASDAQ:OFIX) Jumped Up 0.4%

After completing its last trading session, Orthofix Medical Inc. (NASDAQ:OFIX) spiked up by 0.4% – 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 important ones are as follows:

A Money Flow Index (MFI) of 33.087, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.017, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.854, an Accumulation/Distribution Index (ADI) of 0.854, an On-Balance Volume (OBV) of 167.669, and a Chaiikin Money Flow (CMF) of -46.36. 1.078

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

That is what an analysis of technical indicators seems to indicate for Orthofix Medical Inc. (NASDAQ:OFIX). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

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.

2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com
Becky Steen

Latest posts by Becky Steen (see all)