Momenta Pharmaceuticals, Inc. (MNTA) Spiked Up 3.3% – Here’s Why

In its most recent trading session, Momenta Pharmaceuticals, Inc. (MNTA) spiked up by 3.3% – here is what that looked like (as of 2019-11-08):

What’s the reason for these moves? To grasp this action better, 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 -0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.309, an Accumulation/Distribution Index (ADI) of 0.309, an On-Balance Volume (OBV) of 65.921, and a Chaiikin Money Flow (CMF) of -15.65. 2.632

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

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

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