In its latest trading session, Boxlight Corporation (NASDAQ:BOXL) dropped by -0.9% – here is what that looked like (as of 2019-12-23):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 35.31, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.1, an Accumulation/Distribution Index (ADI) of 0.1, an On-Balance Volume (OBV) of 12.71, and a Chaiikin Money Flow (CMF) of -1.16. 5.0
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Boxlight Corporation (NASDAQ:BOXL). 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.