Here’s Why Gogo Inc. (NASDAQ:GOGO) Dropped -2.9%

In its most recent trading session, Gogo Inc. (NASDAQ:GOGO) dropped by -2.9% – 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 important ones are as follows:

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 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.184, an Accumulation/Distribution Index (ADI) of 0.184, an On-Balance Volume (OBV) of 69.28, and a Chaiikin Money Flow (CMF) of 6.18. 1.933

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Gogo Inc. (NASDAQ:GOGO). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.