Here’s Why CVD Equipment Corporation (NASDAQ:CVV) Dropped -7.9%

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For its latest trading sesion, CVD Equipment Corporation (NASDAQ:CVV) dropped by -7.9% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 52.824, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.078, an Accumulation/Distribution Index (ADI) of 0.078, an On-Balance Volume (OBV) of 16.945, and a Chaiikin Money Flow (CMF) of 3.519. 3.483

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for CVD Equipment Corporation (NASDAQ:CVV). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.