In its most recent trading session, Avinger, Inc. (NASDAQ:AVGR) dropped by -1.7% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
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 0.075, an Accumulation/Distribution Index (ADI) of 0.075, an On-Balance Volume (OBV) of 5.186, and a Chaiikin Money Flow (CMF) of -1.19. 1.714
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
So there you have it – our analysis of Avinger, Inc. (NASDAQ:AVGR). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.