REPORTING FOR 2019-12-26 | WCX19.ORG: We have done an in-depth analysis of how MLAB has been trading over the last 2 weeks and the past day especially. On its latest session, Mesa Laboratories, Inc. (NASDAQ:MLAB) opened at 249.52, reaching a high of 252.38 and a low of 248.2 before closing at a price of 251.5. There was a total volume of 6956.
VOLUME INDICATORS FOR MESA LABORATORIES, INC. (NASDAQ:MLAB): We saw an accumulation-distribution index of 1019.92341, an on-balance volume of -249.58, chaikin money flow of 1.92308 and a force index of 3.1823. There was an ease of movement rating of -0.00983, a volume-price trend of 24.51174 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR MESA LABORATORIES, INC. (NASDAQ:MLAB): We noted an average true range of 5.15581, bolinger bands of 248.40113, an upper bollinger band of 247.77887, lower bollinger band of 248.2, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 250.03333, high band keltner channel of 247.17333, low band keltner channel of 252.89333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 248.2, a donchian channel low band of 248.2, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR MESA LABORATORIES, INC. (NASDAQ:MLAB): We calculated a Moving Average Convergence Divergence (MACD) of -0.00494, a MACD signal of -0.00274, a MACD difference of -0.00219, a fast Exponential Moving Average (EMA) indicator of 248.2, a slow Exponential Moving Average (EMA) indicator of 248.2, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.08214, a trix of 6.99936, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -21.72426, a KST Oscillator (KST) of 95.92312 and a KST Oscillator (KST Signal) of 95.92312 (leaving a KST difference of -0.24285). We also found an Ichimoku rating of 250.95, an Ichimoku B rating of 250.95, a Ichimoku visual trend A of 235.52478, an Ichimoku visual trend B of 238.66923, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR MESA LABORATORIES, INC. (NASDAQ:MLAB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.27189, a stochastic oscillator of 146.15385, a stochastic oscillator signal of 146.15385, a Williams %R rating of 46.15385 and an awesome oscillator of -0.10772.
RETURNS FOR MESA LABORATORIES, INC. (NASDAQ:MLAB): There was a daily return of 9.59231, a daily log return of -0.08868 and a cumulative return of -0.08864.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-26 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Mesa Laboratories, Inc. (NASDAQ:MLAB)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Mesa Laboratories, Inc. (NASDAQ:MLAB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.