MicroStrategy CMF indicator signals institutional indecision

MicroStrategy's (MSTR) Chaikin Money Flow (CMF) indicator is moving sideways around the zero mark, BeInCrypto reported. A negative CMF reading indicates that selling pressure is outpacing buying interest. The media outlet explained that MicroStrategy's stock price has recently mirrored that of Bitcoin, suggesting it continues to be traded as a leveraged play on the cryptocurrency. When Bitcoin's price stagnates or weakens, MicroStrategy's stock often declines more rapidly, as the potential upside from its BTC holdings is already factored into its valuation. The analysis suggests that the recent sideways trend in the CMF indicator shows institutional investors are undecided on their next move, implying a weakening of confidence in the stock itself.