For its latest trading sesion, Murphy Oil Corporation (MUR) dropped by -0.6% – here is what that looked like (as of 2019-10-29):
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 33.412, 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 0.602, an Accumulation/Distribution Index (ADI) of 0.602, an On-Balance Volume (OBV) of 117.929, and a Chaiikin Money Flow (CMF) of -19.81. 3.221
Now let’s take all these indicators into account. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Murphy Oil Corporation (MUR). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576