Evogene Ltd. (NASDAQ:EVGN) Spiked Up 9.6% – Here’s Why

After completing its last trading session, Evogene Ltd. (NASDAQ:EVGN) spiked up by 9.6% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 24.575, 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 0.031, an Accumulation/Distribution Index (ADI) of 0.031, an On-Balance Volume (OBV) of 3.938, and a Chaiikin Money Flow (CMF) of -1.36. 1.0

So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:

So there you have it – our analysis of Evogene Ltd. (NASDAQ:EVGN). 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.