Benefitfocus, Inc. (NASDAQ:BNFT): The Good, The Bad, The Ugly (2020-01-06)

REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how BNFT has been trading over the last 2 weeks and the past day especially. On its latest session, Benefitfocus, Inc. (NASDAQ:BNFT) opened at 20.67, reaching a high of 20.75 and a low of 20.3028 before closing at a price of 20.53. There was a total volume of 211687.

VOLUME INDICATORS FOR BENEFITFOCUS, INC. (NASDAQ:BNFT): We saw an accumulation-distribution index of 464.69176, an on-balance volume of 20.99, chaikin money flow of 10.18 and a force index of 2.20975. There was an ease of movement rating of -0.01562, a volume-price trend of -2.49992 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BENEFITFOCUS, INC. (NASDAQ:BNFT): We noted an average true range of 0.66107, bolinger bands of 21.3694, an upper bollinger band of 19.7934, lower bollinger band of 20.3028, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 20.57427, high band keltner channel of 20.49427, low band keltner channel of 20.65427, 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 20.3028, a donchian channel low band of 20.3028, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BENEFITFOCUS, INC. (NASDAQ:BNFT): We calculated a Moving Average Convergence Divergence (MACD) of 0.0125, a MACD signal of 0.00695, a MACD difference of 0.00556, a fast Exponential Moving Average (EMA) indicator of 20.3028, a slow Exponential Moving Average (EMA) indicator of 20.3028, 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 0.50396, a trix of -8.82795, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 2.87959, a KST Oscillator (KST) of -124.21462 and a KST Oscillator (KST Signal) of -124.21462 (leaving a KST difference of 6.00887). We also found an Ichimoku rating of 20.71, an Ichimoku B rating of 20.71, a Ichimoku visual trend A of 23.49742, an Ichimoku visual trend B of 22.82618, 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 BENEFITFOCUS, INC. (NASDAQ:BNFT): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.94614, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -18.38519, a stochastic oscillator of 559.0, a stochastic oscillator signal of 559.0, a Williams %R rating of 459.0 and an awesome oscillator of 0.2515.

RETURNS FOR BENEFITFOCUS, INC. (NASDAQ:BNFT): There was a daily return of -12.42146, a daily log return of 2.70746 and a cumulative return of 2.74445.

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 2020-01-06 (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 Benefitfocus, Inc. (NASDAQ:BNFT)…

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 Benefitfocus, Inc. (NASDAQ:BNFT) 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.