Here’s Why AudioEye, Inc. (NASDAQ:AEYE) Dropped -6.5%

For its latest trading sesion, AudioEye, Inc. (NASDAQ:AEYE) dropped by -6.5% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:

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 0.252, an Accumulation/Distribution Index (ADI) of 0.252, an On-Balance Volume (OBV) of 15.843, and a Chaiikin Money Flow (CMF) of 4.9. 0.517

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 AudioEye, Inc. (NASDAQ:AEYE). 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.

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

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