After completing its last trading session, Silk Road Medical, Inc. (NASDAQ:SILK) dropped by -0.5% – here is what that looked like (as of 2019-12-26):
What is the cause of all this?? To have a greater insight of what is happening, 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 -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.113, an Accumulation/Distribution Index (ADI) of 1.113, an On-Balance Volume (OBV) of 353.126, and a Chaiikin Money Flow (CMF) of -40.03. 6.786
So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:
So there you have it – our analysis of Silk Road Medical, Inc. (NASDAQ:SILK). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.