PTC Therapeutics, Inc. (NASDAQ:PTCT) Jumped Up 1.6%, But Why?

After completing its last trading session, PTC Therapeutics, Inc. (NASDAQ:PTCT) spiked up by 1.6% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To understand this better, We ought 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.941, an Accumulation/Distribution Index (ADI) of 0.941, an On-Balance Volume (OBV) of 453.073, and a Chaiikin Money Flow (CMF) of 48.57. 3.386

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

So there you have it – our analysis of PTC Therapeutics, Inc. (NASDAQ:PTCT). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.