GlycoMimetics, Inc. (NASDAQ:GLYC) Fell By -2.6%, And Here’s Why

      Comments Off on GlycoMimetics, Inc. (NASDAQ:GLYC) Fell By -2.6%, And Here’s Why

For its latest trading sesion, GlycoMimetics, Inc. (NASDAQ:GLYC) dropped by -2.6% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

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 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.326, an Accumulation/Distribution Index (ADI) of 0.326, an On-Balance Volume (OBV) of 53.072, and a Chaiikin Money Flow (CMF) of 5.86. 2.692

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

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