Merus N.V. (NASDAQ:MRUS) Went Up 0.3%, And Here’s Why

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In its most recent trading session, Merus N.V. (NASDAQ:MRUS) spiked up by 0.3% – 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 35.589, 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 0.674, an Accumulation/Distribution Index (ADI) of 0.674, an On-Balance Volume (OBV) of 94.154, and a Chaiikin Money Flow (CMF) of -13.48. 1.005

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

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