After completing its last trading session, WAVE Life Sciences Ltd. (NASDAQ:WVE) dropped by -4.8% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, 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 51.499, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.03, an Accumulation/Distribution Index (ADI) of 1.03, an On-Balance Volume (OBV) of 112.48, and a Chaiikin Money Flow (CMF) of 7.98. 5.35
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of WAVE Life Sciences Ltd. (NASDAQ:WVE). 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.