In its latest trading session, Pulmatrix, Inc. (NASDAQ:PULM) dropped by -6.8% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.036, an Accumulation/Distribution Index (ADI) of 0.036, an On-Balance Volume (OBV) of 8.843, and a Chaiikin Money Flow (CMF) of -1.62. 1.833
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
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.