Here’s Why Carrizo Oil & Gas, Inc. (CRZO) Dropped -0.1%

After completing its last trading session, Carrizo Oil & Gas, Inc. (CRZO) dropped by -0.1% – here is what that looked like (as of 2019-11-08):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 50.995, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.392, an Accumulation/Distribution Index (ADI) of 0.392, an On-Balance Volume (OBV) of 180.35, and a Chaiikin Money Flow (CMF) of 7.34. 14.914

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

So there you have it – our analysis of Carrizo Oil & Gas, Inc. (CRZO). 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