After completing its last trading session, Frank's International N.V. (NYSE:FI) dropped by -1.6% – here is what that looked like (as of 2019-12-04):
What is the cause of all this?? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 51.32, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.139, an Accumulation/Distribution Index (ADI) of 0.139, an On-Balance Volume (OBV) of 140.877, and a Chaiikin Money Flow (CMF) of 4.99. 6.333
Now let’s take all these indicators into account. According to Trading View, this is what it all means:
So there you have it – our analysis of Frank's International N.V. (NYSE:FI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.