Millendo Therapeutics, Inc. (NASDAQ:MLND) Spiked Up 1.1% – Here’s Why

For its latest trading sesion, Millendo Therapeutics, Inc. (NASDAQ:MLND) spiked up by 1.1% – 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, 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 -0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.247, an Accumulation/Distribution Index (ADI) of 0.247, an On-Balance Volume (OBV) of 14.22, and a Chaiikin Money Flow (CMF) of -7.07. 1.0

So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Millendo Therapeutics, Inc. (NASDAQ:MLND). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.