For its latest trading sesion, Extraction Oil & Gas, Inc. (NASDAQ:XOG) spiked up by 1.7% – here is what that looked like (as of 2019-12-24):
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 49.938, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.155, an Accumulation/Distribution Index (ADI) of 0.155, an On-Balance Volume (OBV) of 11.818, and a Chaiikin Money Flow (CMF) of 2.03. 2.556
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Extraction Oil & Gas, Inc. (NASDAQ:XOG). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.