IDEAYA Biosciences, Inc. (NASDAQ:IDYA) Fell By -5.6%, But Why?

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In its latest trading session, IDEAYA Biosciences, Inc. (NASDAQ:IDYA) dropped by -5.6% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To understand this better, it is helpful 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 -0.025, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.414, an Accumulation/Distribution Index (ADI) of 0.414, an On-Balance Volume (OBV) of 82.178, and a Chaiikin Money Flow (CMF) of -9.14. 0.601

Now let’s plug these indicators in. 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.