Halliburton Company (HAL) Spiked Up 1.7% – Here’s Why

In its most recent trading session, Halliburton Company (HAL) spiked up by 1.7% – here is what that looked like (as of 2019-11-08):

What’s the reason for these moves? 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 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.536, an Accumulation/Distribution Index (ADI) of 0.536, an On-Balance Volume (OBV) of 163.284, and a Chaiikin Money Flow (CMF) of -20.6. 1.457

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

So there you have it – our analysis of Halliburton Company (HAL). 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