Cytokinetics, Incorporated (NASDAQ:CYTK) Spiked Up 1.4% – Here’s Why

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For its latest trading sesion, Cytokinetics, Incorporated (NASDAQ:CYTK) spiked up by 1.4% – here is what that looked like (as of 2019-12-23):

What is the cause of all this?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 49.66, 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 0.402, an Accumulation/Distribution Index (ADI) of 0.402, an On-Balance Volume (OBV) of 64.295, and a Chaiikin Money Flow (CMF) of 10.32. 4.135

Now let’s plug these indicators in. According to Trading View, we can conclude the following:

So there you have it – our analysis of Cytokinetics, Incorporated (NASDAQ:CYTK). 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.