Cidara Therapeutics, Inc. (NASDAQ:CDTX) Spiked Up 0.6% – Here’s Why

      Comments Off on Cidara Therapeutics, Inc. (NASDAQ:CDTX) Spiked Up 0.6% – Here’s Why

In its most recent trading session, Cidara Therapeutics, Inc. (NASDAQ:CDTX) spiked up by 0.6% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.094, an Accumulation/Distribution Index (ADI) of 0.094, an On-Balance Volume (OBV) of 217.343, and a Chaiikin Money Flow (CMF) of -3.41. 12.0

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Cidara Therapeutics, Inc. (NASDAQ:CDTX). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.