In its latest trading session, California Resources Corporation (NYSE:CRC) dropped by -2.9% – here is what that looked like (as of 2019-12-23):

What’s the reason for these moves? 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 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 0.678, an *Accumulation/Distribution Index* (ADI) of 0.678, an *On-Balance Volume* (OBV) of 107.691, and a *Chaiikin Money Flow* (CMF) of 9.66. 10.444

So what do these technical indicators mean? Let’s see. Consulting *Trading View*, we can conclude the following:

So when putting all the technical indicators together, this is what you get. 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.