LyondellBasell Industries NV (NYSE:LYB) Fell By -2.5%, And Here’s Why

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In its latest trading session, LyondellBasell Industries NV (NYSE:LYB) dropped by -2.5% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To understand this better, 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 0.043, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.172, an Accumulation/Distribution Index (ADI) of 1.172, an On-Balance Volume (OBV) of 2515.48, and a Chaiikin Money Flow (CMF) of 93.86. 6.702

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

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