Exelixis, Inc. (NASDAQ:EXEL) Fell By -3.7%, And Here’s Why

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In its most recent trading session, Exelixis, Inc. (NASDAQ:EXEL) dropped by -3.7% – here is what that looked like (as of 2020-01-06):

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

A Money Flow Index (MFI) of 51.459, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.429, an Accumulation/Distribution Index (ADI) of 0.429, an On-Balance Volume (OBV) of 478.585, and a Chaiikin Money Flow (CMF) of 17.66. 10.5

So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Exelixis, Inc. (NASDAQ:EXEL). 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.