After completing its last trading session, Hess Corporation (NYSE:HES) spiked up by 0.5% – here is what that looked like (as of 2019-12-26):
What is the cause of all this?? To have a greater insight of what is happening, We ought 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 -0.04, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.153, an Accumulation/Distribution Index (ADI) of 1.153, an On-Balance Volume (OBV) of 336.368, and a Chaiikin Money Flow (CMF) of -66.89. 3.962
So what do these technical indicators mean? Let’s see. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of Hess Corporation (NYSE:HES). 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.