Evoke Pharma, Inc. (NASDAQ:EVOK) Spiked Up 4.0% – Here’s Why

      Comments Off on Evoke Pharma, Inc. (NASDAQ:EVOK) Spiked Up 4.0% – Here’s Why

For its latest trading sesion, Evoke Pharma, Inc. (NASDAQ:EVOK) spiked up by 4.0% – here is what that looked like (as of 2019-12-26):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

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 0.046, an Accumulation/Distribution Index (ADI) of 0.046, an On-Balance Volume (OBV) of 5.097, and a Chaiikin Money Flow (CMF) of -1.5. 2.2

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 Evoke Pharma, Inc. (NASDAQ:EVOK). 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.