Hoth Therapeutics, Inc. (HOTH) Dropped -2.3% – Here’s Why

After completing its last trading session, Hoth Therapeutics, Inc. (HOTH) dropped by -2.3% – here is what that looked like (as of 2019-11-08):

Why are these moves happning?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 33.281, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.362, an Accumulation/Distribution Index (ADI) of 0.362, an On-Balance Volume (OBV) of 15.977, and a Chaiikin Money Flow (CMF) of -4.3. 1.65

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 Hoth Therapeutics, Inc. (HOTH). 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.

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