CVD Equipment Corporation (NASDAQ:CVV) Spiked Up 1.8% – Here’s Why

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For its latest trading sesion, CVD Equipment Corporation (NASDAQ:CVV) spiked up by 1.8% – here is what that looked like (as of 2019-12-26):

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 33.755, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.073, an Accumulation/Distribution Index (ADI) of 0.073, an On-Balance Volume (OBV) of 43.607, and a Chaiikin Money Flow (CMF) of -3.308. 2.611

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 CVD Equipment Corporation (NASDAQ:CVV). 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.