Here’s Why nLIGHT, Inc. (NASDAQ:LASR) Dropped -2.1%

In its latest trading session, nLIGHT, Inc. (NASDAQ:LASR) dropped by -2.1% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, 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 0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.411, an Accumulation/Distribution Index (ADI) of 0.411, an On-Balance Volume (OBV) of 637.504, and a Chaiikin Money Flow (CMF) of 20.22. 2.071

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of nLIGHT, Inc. (NASDAQ:LASR). 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.