IMO accum/dist shows false on a lot of otcs because it takes into account clv position and mm decide the close and open numbers.I like MFI(30) better for these. A person can throw up obv and get a third answer that may or may not agree with the other two. All of these indicators are super flawed for otcs. As far as I know, none of them have a light that comes on and says short or dillution, but:
The big timers here need to correct me and educate me as I am probably wrong, but it looks like to me with dillution mfi(30) and accum/dist trend down together. With shorts accum/dist falls with the price but mfi(30) continues up if their is money flowing in. So whether we have dillution or shorts it looks like money has been flowing in to meet it since early June. Looks more like shorts. Pull a few otcs with positive momentum and ema(18) over sma(35) and look at the accum/dist vs mfi(30) a couple of months prior to the run. Again all these indicators suck, but mfi(30) looks better to me. I use a linear regression line figured from mfi(30)and this leaves little debate about whether it is trending up or down.
Plus the IR lady must have told 300 people the float in the last few months and every time we get beat down someone has verified it with the t/a.
Something beats this down every time we near the 20ma with the 5ma. This time all of our MFI's look better-stronger. Like maybe we are nearing something. The next few days are probably going to reveal a lot. Hoping for the best. If we can't hold the .0047 I fear the same beat down cycle that has stomped us every other time the last few months. But maybe we will get that news and break our spiral.