After completing its last trading session, Horizon Therapeutics Public Limited Company (NASDAQ:HZNP) spiked up by 1.1% – here is what that looked like (as of 2019-12-26):
What is the cause of all this?? 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 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 -0.011, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.405, an Accumulation/Distribution Index (ADI) of 0.405, an On-Balance Volume (OBV) of 294.981, and a Chaiikin Money Flow (CMF) of -36.28. 3.067
Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.