BRP Inc. (NASDAQ:DOOO) Dropped -0.9% – Here’s Why

      Comments Off on BRP Inc. (NASDAQ:DOOO) Dropped -0.9% – Here’s Why

After completing its last trading session, BRP Inc. (NASDAQ:DOOO) dropped by -0.9% – 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.557, an Accumulation/Distribution Index (ADI) of 0.557, an On-Balance Volume (OBV) of 1181.737, and a Chaiikin Money Flow (CMF) of 45.98. 1.716

Now let’s plug these indicators in. According to Trading View, this is what it all means:

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