Here’s Why ANI Pharmaceuticals, Inc. (ANIP) Jumped Up 0.8%

In its most recent trading session, ANI Pharmaceuticals, Inc. (ANIP) spiked up by 0.8% – here is what that looked like (as of 2019-10-29):

What is the cause of all this?? To understand this 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 -0.024, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.311, an Accumulation/Distribution Index (ADI) of 1.311, an On-Balance Volume (OBV) of 156.8, and a Chaiikin Money Flow (CMF) of -78.07. 1.0

Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:

So there you have it – our analysis of ANI Pharmaceuticals, Inc. (ANIP). 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.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen

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