SM Energy Company (NYSE:SM) Went Up 2.4%, And Here’s Why

For its latest trading sesion, SM Energy Company (NYSE:SM) spiked up by 2.4% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To grasp this action better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

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 -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.395, an Accumulation/Distribution Index (ADI) of 0.395, an On-Balance Volume (OBV) of 937.04, and a Chaiikin Money Flow (CMF) of -10.62. 1.205

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of SM Energy Company (NYSE:SM). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.