ENI S.p.A. (NYSE:E) Dropped -0.4% – Here’s Why

      Comments Off on ENI S.p.A. (NYSE:E) Dropped -0.4% – Here’s Why

In its most recent trading session, ENI S.p.A. (NYSE:E) dropped by -0.4% – here is what that looked like (as of 2019-12-04):

What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 50.296, 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 0.315, an Accumulation/Distribution Index (ADI) of 0.315, an On-Balance Volume (OBV) of 436.11, and a Chaiikin Money Flow (CMF) of 29.91. 4.8

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

That is what an analysis of technical indicators seems to indicate for ENI S.p.A. (NYSE:E). 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.