Teva Pharmaceutical Industries Limited (NYSE:TEVA) Fell By -4.9%, But Why?

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In its most recent trading session, Teva Pharmaceutical Industries Limited (NYSE:TEVA) dropped by -4.9% – 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. As we see it, you should pay the most attention to the following:

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 0.009, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.242, an Accumulation/Distribution Index (ADI) of 0.242, an On-Balance Volume (OBV) of 470.241, and a Chaiikin Money Flow (CMF) of 9.56. 35.0

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Teva Pharmaceutical Industries Limited (NYSE:TEVA). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.