Oceaneering International, Inc. (NYSE:OII) Went Up 2.2%, And Here’s Why

In its most recent trading session, Oceaneering International, Inc. (NYSE:OII) spiked up by 2.2% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? 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 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 -0.011, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.328, an Accumulation/Distribution Index (ADI) of 0.328, an On-Balance Volume (OBV) of 346.822, and a Chaiikin Money Flow (CMF) of -14.78. 2.412

Now let’s plug these indicators in. According to Trading View, we can conclude the following:

So there you have it – our analysis of Oceaneering International, Inc. (NYSE:OII). 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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