Here’s Why Big 5 Sporting Goods Corporation (BGFV) Dropped -3.7%

In its most recent trading session, Big 5 Sporting Goods Corporation (BGFV) dropped by -3.7% – here is what that looked like (as of 2019-11-11):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.085, an Accumulation/Distribution Index (ADI) of 0.085, an On-Balance Volume (OBV) of 21.887, and a Chaiikin Money Flow (CMF) of 3.28. 2.377

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

So when putting all the technical indicators together, this is what you get. That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen