Allogene Therapeutics, Inc. (NASDAQ:ALLO) Jumped Up 0.4%, But Why?

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In its latest trading session, Allogene Therapeutics, Inc. (NASDAQ:ALLO) spiked up by 0.4% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? 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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.721, an Accumulation/Distribution Index (ADI) of 0.721, an On-Balance Volume (OBV) of 93.007, and a Chaiikin Money Flow (CMF) of -28.29. 1.93

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So there you have it – our analysis of Allogene Therapeutics, Inc. (NASDAQ:ALLO). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.