Verona Pharma plc (NASDAQ:VRNA) Fell By -6.6%, But Why?

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In its most recent trading session, Verona Pharma plc (NASDAQ:VRNA) dropped by -6.6% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To grasp this action better, We ought 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 0.013, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.193, an Accumulation/Distribution Index (ADI) of 0.193, an On-Balance Volume (OBV) of 16.914, and a Chaiikin Money Flow (CMF) of 5.675. 0.517

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 Verona Pharma plc (NASDAQ:VRNA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.