For its latest trading sesion, Bridgford Foods Corporation (BRID) dropped by -0.9% – 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 50.246, 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 0.854, an Accumulation/Distribution Index (ADI) of 0.854, an On-Balance Volume (OBV) of 209.679, and a Chaiikin Money Flow (CMF) of 25.89. 7.167

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of Bridgford Foods Corporation (BRID). 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.

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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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