Tecogen Inc. (NASDAQ:TGEN) Dropped -3.5% – Here’s Why

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After completing its last trading session, Tecogen Inc. (NASDAQ:TGEN) dropped by -3.5% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 51.635, 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 0.087, an Accumulation/Distribution Index (ADI) of 0.087, an On-Balance Volume (OBV) of 9.171, and a Chaiikin Money Flow (CMF) of 2.156. 1.88

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

So there you have it – our analysis of Tecogen Inc. (NASDAQ:TGEN). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.