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I have a question about interpreting the CMF

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nwsun   Wednesday, 09/27/17 08:55:31 PM
Re: None
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I have a question about interpreting the CMF indicator. Past moves or acquisition on most stocks, the CMF registered in the green zone and distribution registers in the brown zone. What does it infer when the CMF is green and maintaing that green acquisition status but the share price is steadily moving down, as is showing since the middle of July 2017?

In the past, moves upward were shown as green spikes and down as brown spikes impying selling.

This stock recently went through a RS. They have about 40M AS and 7.7M OS.

What does it mean when the green zone is showing for the past 2 months but the stock price has steadily dropped, especially as contrasted to past moves up when the stock showed distribution or brown zone before the next spike up into the green zone.

Hopefully I've expressed my question in a coherent way. I guess it doesn't make sense to me that this stock is showing accumulation but the share price has steadily moved down. It goes contrary to how stocks that have made significant moves upward have diagrammed on the CMF indicator. What is this stock's CMF forecasting? In my view, if a move up was imminent, it seems like it would launch from the brown, below the 0 line, not above... what am I not seeing or misinterpreting? thanks in advance.


http://stockcharts.com/h-sc/ui?s=INTVD&p=D&yr=0&mn=10&dy=0&id=p49291363772

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