Here’s Why PlayAGS, Inc. (NYSE:AGS) Dropped -4.5%

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In its most recent trading session, PlayAGS, Inc. (NYSE:AGS) dropped by -4.5% – 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 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 0.009, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.279, an Accumulation/Distribution Index (ADI) of 0.279, an On-Balance Volume (OBV) of 160.577, and a Chaiikin Money Flow (CMF) of 12.12. 6.371

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

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