Here’s Why Northern Technologies International Corporation (NASDAQ:NTIC) Dropped -1.2%

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For its latest trading sesion, Northern Technologies International Corporation (NASDAQ:NTIC) dropped by -1.2% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To understand this better, 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 0.227, an Accumulation/Distribution Index (ADI) of 0.227, an On-Balance Volume (OBV) of 50.971, and a Chaiikin Money Flow (CMF) of 13.78. 1.263

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Northern Technologies International Corporation (NASDAQ:NTIC). 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.