Akcea Therapeutics, Inc. (NASDAQ:AKCA) Jumped Up 6.1%, But Why?

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In its latest trading session, Akcea Therapeutics, Inc. (NASDAQ:AKCA) spiked up by 6.1% – here is what that looked like (as of 2019-12-26):

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

A Money Flow Index (MFI) of 33.389, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.015, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.759, an Accumulation/Distribution Index (ADI) of 0.759, an On-Balance Volume (OBV) of 290.424, and a Chaiikin Money Flow (CMF) of -18.45. 1.169

Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of Akcea Therapeutics, Inc. (NASDAQ:AKCA). 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.