Galectin Therapeutics Inc. (NASDAQ:GALT) Jumped Up 1.4%, But Why?

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In its most recent trading session, Galectin Therapeutics Inc. (NASDAQ:GALT) spiked up by 1.4% – here is what that looked like (as of 2020-01-06):

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

A Money Flow Index (MFI) of 34.456, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.125, an Accumulation/Distribution Index (ADI) of 0.125, an On-Balance Volume (OBV) of 63.566, and a Chaiikin Money Flow (CMF) of -2.86. 1.286

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of Galectin Therapeutics Inc. (NASDAQ:GALT). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.