In its latest trading session, BioLife Solutions, Inc. (NASDAQ:BLFS) dropped by -0.9% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 20.454, 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 0.579, an Accumulation/Distribution Index (ADI) of 0.579, an On-Balance Volume (OBV) of 261.169, and a Chaiikin Money Flow (CMF) of -16.4. 4.333
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of BioLife Solutions, Inc. (NASDAQ:BLFS). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.