BioTelemetry, Inc. (NASDAQ:BEAT) Jumped Up 1.3%, But Why?

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In its latest trading session, BioTelemetry, Inc. (NASDAQ:BEAT) spiked up by 1.3% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To understand this better, We ought 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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.053, an Accumulation/Distribution Index (ADI) of 1.053, an On-Balance Volume (OBV) of 299.141, and a Chaiikin Money Flow (CMF) of 46.16. 1.207

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for BioTelemetry, Inc. (NASDAQ:BEAT). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.