In its latest trading session, Noble Midstream Partners LP (NYSE:NBLX) dropped by -1.4% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To grasp this action 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 -0.009, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.572, an Accumulation/Distribution Index (ADI) of 0.572, an On-Balance Volume (OBV) of 1081.848, and a Chaiikin Money Flow (CMF) of -26.69. 39.235
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Noble Midstream Partners LP (NYSE:NBLX). 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.