Allogene Therapeutics, Inc. (NASDAQ:ALLO) Fell By -1.0%, And Here’s Why

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In its most recent trading session, Allogene Therapeutics, Inc. (NASDAQ:ALLO) dropped by -1.0% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 33.144, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.763, an Accumulation/Distribution Index (ADI) of 0.763, an On-Balance Volume (OBV) of 109.753, and a Chaiikin Money Flow (CMF) of -26.22. 2.289

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 Allogene Therapeutics, Inc. (NASDAQ:ALLO). 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.