After completing its last trading session, scPharmaceuticals Inc. (NASDAQ:SCPH) dropped by -5.5% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 21.561, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.294, an Accumulation/Distribution Index (ADI) of 0.294, an On-Balance Volume (OBV) of 12.881, and a Chaiikin Money Flow (CMF) of -4.71. 1.554
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for scPharmaceuticals Inc. (NASDAQ:SCPH). 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.