In its most recent trading session, Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) spiked up by 8.4% – 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, 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 0.033, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.009, an Accumulation/Distribution Index (ADI) of 1.009, an On-Balance Volume (OBV) of 5000.08, and a Chaiikin Money Flow (CMF) of 63.33. 1.309
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.