After completing its last trading session, CVR Energy Inc. (NYSE:CVI) dropped by -0.1% – here is what that looked like (as of 2019-12-26):
What’s the reason for these moves? 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 50.081, 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 0.813, an Accumulation/Distribution Index (ADI) of 0.813, an On-Balance Volume (OBV) of 2102.213, and a Chaiikin Money Flow (CMF) of 41.12. 44.0
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
So there you have it – our analysis of CVR Energy Inc. (NYSE:CVI). 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.