Boxlight Corporation (NASDAQ:BOXL) Dropped -4.8% – Here’s Why

In its latest trading session, Boxlight Corporation (NASDAQ:BOXL) dropped by -4.8% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 52.101, 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 13.414, and a Chaiikin Money Flow (CMF) of 1.15. 7.0

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

So there you have it – our analysis of 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.