Otonomy, Inc. (NASDAQ:OTIC) Went Up 1.6%, And Here’s Why

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In its latest trading session, Otonomy, Inc. (NASDAQ:OTIC) spiked up by 1.6% – here is what that looked like (as of 2019-12-04):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 0.057, an Accumulation/Distribution Index (ADI) of 0.057, an On-Balance Volume (OBV) of 30.48, and a Chaiikin Money Flow (CMF) of -2.53. 3.0

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

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