Star Bulk Carriers Corp. (NASDAQ:SBLK) Spiked Up 1.3% – Here’s Why

In its latest trading session, Star Bulk Carriers Corp. (NASDAQ:SBLK) spiked up by 1.3% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:

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 0.222, an Accumulation/Distribution Index (ADI) of 0.222, an On-Balance Volume (OBV) of 53.207, and a Chaiikin Money Flow (CMF) of -11.39. 2.308

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

That is what an analysis of technical indicators seems to indicate for Star Bulk Carriers Corp. (NASDAQ:SBLK). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.