In its most recent trading session, Cabot Oil & Gas Corporation (COG) dropped by -3.7% – here is what that looked like (as of 2019-10-29):
Why are these moves happning?? 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 51.21, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.424, an Accumulation/Distribution Index (ADI) of 0.424, an On-Balance Volume (OBV) of 70.605, and a Chaiikin Money Flow (CMF) of 18.81. 2.41
Now let’s plug these indicators in. According to Trading View, putting it all together gets 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
2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com