Here’s Why Martin Midstream Partners L.P. (MMLP) Jumped Up 8.7%

In its latest trading session, Martin Midstream Partners L.P. (MMLP) spiked up by 8.7% – here is what that looked like (as of 2019-10-29):

What’s the reason for these moves? 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 21.234, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.194, an Accumulation/Distribution Index (ADI) of 0.194, an On-Balance Volume (OBV) of 19.345, and a Chaiikin Money Flow (CMF) of -4.85. 1.304

So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Martin Midstream Partners L.P. (MMLP). 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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