In its most recent trading session, Equinor ASA (NYSE:EQNR) spiked up by 0.3% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
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 -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.215, an Accumulation/Distribution Index (ADI) of 0.215, an On-Balance Volume (OBV) of 251.145, and a Chaiikin Money Flow (CMF) of -20.43. 9.889
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Equinor ASA (NYSE:EQNR). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.