Here’s Why Lifeway Foods, Inc. (NASDAQ:LWAY) Dropped -1.0%

In its most recent trading session, Lifeway Foods, Inc. (NASDAQ:LWAY) dropped by -1.0% – 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 50.142, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.1, an Accumulation/Distribution Index (ADI) of 0.1, an On-Balance Volume (OBV) of 4.04, and a Chaiikin Money Flow (CMF) of 2.03. 1.0

Now let’s plug these indicators in. 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.