In its latest trading session, ABIOMED, Inc. (NASDAQ:ABMD) dropped by -1.2% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To grasp this action 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 50.894, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.043, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 4.906, an Accumulation/Distribution Index (ADI) of 4.906, an On-Balance Volume (OBV) of 1891.877, and a Chaiikin Money Flow (CMF) of 168.81. 2.278
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
So there you have it – our analysis of ABIOMED, Inc. (NASDAQ:ABMD). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.