After completing its last trading session, Halliburton Company (NYSE:HAL) spiked up by 0.3% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To grasp this action better, We ought 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 -0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.376, an Accumulation/Distribution Index (ADI) of 0.376, an On-Balance Volume (OBV) of 356.453, and a Chaiikin Money Flow (CMF) of -24.68. 9.875
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Halliburton Company (NYSE:HAL). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.