Seelos Therapeutics, Inc. (NASDAQ:SEEL) Fell By -1.5%, And Here’s Why

      Comments Off on Seelos Therapeutics, Inc. (NASDAQ:SEEL) Fell By -1.5%, And Here’s Why

After completing its last trading session, Seelos Therapeutics, Inc. (NASDAQ:SEEL) dropped by -1.5% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To have a greater insight of what is happening, 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 -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.061, an Accumulation/Distribution Index (ADI) of 0.061, an On-Balance Volume (OBV) of 22.405, and a Chaiikin Money Flow (CMF) of -1.34. 15.493

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

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