After completing its last trading session, Amneal Pharmaceuticals, Inc. (NYSE:AMRX) dropped by -4.8% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To understand this better, 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 0.161, an Accumulation/Distribution Index (ADI) of 0.161, an On-Balance Volume (OBV) of 28.111, and a Chaiikin Money Flow (CMF) of 4.84. 1.4
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Amneal Pharmaceuticals, Inc. (NYSE:AMRX). 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.