Here’s Why Forty Seven, Inc. (NASDAQ:FTSV) Dropped -0.8%

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For its latest trading sesion, Forty Seven, Inc. (NASDAQ:FTSV) dropped by -0.8% – 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 interesting and telling are these ones:

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 -0.078, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.324, an Accumulation/Distribution Index (ADI) of 0.324, an On-Balance Volume (OBV) of 201.928, and a Chaiikin Money Flow (CMF) of -44.31. 2.998

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So there you have it – our analysis of Forty Seven, Inc. (NASDAQ:FTSV). 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.