Here’s Why Vericel Corporation (VCEL) Dropped -1.4%

After completing its last trading session, Vericel Corporation (VCEL) dropped by -1.4% – here is what that looked like (as of 2019-11-08):

What is the cause of all this?? 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 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.409, an Accumulation/Distribution Index (ADI) of 0.409, an On-Balance Volume (OBV) of 847.757, and a Chaiikin Money Flow (CMF) of 18.74. 44.556

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Vericel Corporation (VCEL). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

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