For its latest trading sesion, B&G Foods, Inc. (BGS) dropped by -3.4% – here is what that looked like (as of 2019-10-29):
What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 51.183, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.489, an Accumulation/Distribution Index (ADI) of 0.489, an On-Balance Volume (OBV) of 837.396, and a Chaiikin Money Flow (CMF) of 15.94. 30.57
So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:
So there you have it – our analysis of B&G Foods, Inc. (BGS). 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
2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com