Viking Therapeutics, Inc. (NASDAQ:VKTXW) Fell By -3.5%, But Why?

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For its latest trading sesion, Viking Therapeutics, Inc. (NASDAQ:VKTXW) dropped by -3.5% – 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 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.189, an Accumulation/Distribution Index (ADI) of 0.189, an On-Balance Volume (OBV) of 13.96, and a Chaiikin Money Flow (CMF) of 6.52. 1.0

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

That is what an analysis of technical indicators seems to indicate for Viking Therapeutics, Inc. (NASDAQ:VKTXW). 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.