After completing its last trading session, Murphy USA Inc. (NYSE:MUSA) dropped by -1.1% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
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 0.059, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.375, an Accumulation/Distribution Index (ADI) of 1.375, an On-Balance Volume (OBV) of 5728.983, and a Chaiikin Money Flow (CMF) of 115.0. 15.171
Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of Murphy USA Inc. (NYSE:MUSA). 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.
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