In its most recent trading session, Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) dropped by -0.4% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To have a greater insight of what is happening, 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 50.482, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.197, an Accumulation/Distribution Index (ADI) of 0.197, an On-Balance Volume (OBV) of 246.283, and a Chaiikin Money Flow (CMF) of 11.39. 10.0
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP). 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.