After completing its last trading session, Tortoise Energy Independence Fund, Inc. (NYSE:NDP) spiked up by 0.5% – 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, We ought 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 -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.074, an Accumulation/Distribution Index (ADI) of 0.074, an On-Balance Volume (OBV) of 25.988, and a Chaiikin Money Flow (CMF) of -4.36. 2.395
Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Tortoise Energy Independence Fund, Inc. (NYSE:NDP). 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.
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