Glen Burnie Bancorp (NASDAQ:GLBZ) Dropped -2.2% – Here’s Why

      Comments Off on Glen Burnie Bancorp (NASDAQ:GLBZ) Dropped -2.2% – Here’s Why

For its latest trading sesion, Glen Burnie Bancorp (NASDAQ:GLBZ) dropped by -2.2% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, 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 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 0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.103, an Accumulation/Distribution Index (ADI) of 0.103, an On-Balance Volume (OBV) of 241.367, and a Chaiikin Money Flow (CMF) of 11.5. 2.659

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.