Synlogic, Inc. (NASDAQ:SYBX) Jumped Up 13.5%, But Why?

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In its most recent trading session, Synlogic, Inc. (NASDAQ:SYBX) spiked up by 13.5% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 46.871, 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 0.228, an Accumulation/Distribution Index (ADI) of 0.228, an On-Balance Volume (OBV) of 28.287, and a Chaiikin Money Flow (CMF) of 2.07. 1.467

Now let’s plug these indicators in. 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.