Star Bulk Carriers Corp. (NASDAQ:SBLKZ) Spiked Up 0.3% – Here’s Why

      Comments Off on Star Bulk Carriers Corp. (NASDAQ:SBLKZ) Spiked Up 0.3% – Here’s Why

In its most recent trading session, Star Bulk Carriers Corp. (NASDAQ:SBLKZ) spiked up by 0.3% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To have a greater insight of what is happening, it is helpful 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 -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.101, an Accumulation/Distribution Index (ADI) of 0.101, an On-Balance Volume (OBV) of 59.503, and a Chaiikin Money Flow (CMF) of -25.75. 1.0

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

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