Iterum Therapeutics plc (NASDAQ:ITRM) Jumped Up 0.5%, But Why?

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In its latest trading session, Iterum Therapeutics plc (NASDAQ:ITRM) spiked up by 0.5% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this 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 35.371, 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 0.279, an Accumulation/Distribution Index (ADI) of 0.279, an On-Balance Volume (OBV) of 257.988, and a Chaiikin Money Flow (CMF) of -4.36. 3.157

So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Iterum Therapeutics plc (NASDAQ:ITRM). 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.