Tecogen Inc. (NASDAQ:TGEN) Fell By -7.1%, But Why?

For its latest trading sesion, Tecogen Inc. (NASDAQ:TGEN) dropped by -7.1% – here is what that looked like (as of 2019-12-24):

Why are these moves happning?? 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 24.517, 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 0.095, an Accumulation/Distribution Index (ADI) of 0.095, an On-Balance Volume (OBV) of 24.36, and a Chaiikin Money Flow (CMF) of -2.4. 0.985

So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Tecogen Inc. (NASDAQ:TGEN). 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.