In its most recent trading session, Teekay LNG Partners L.P. (NYSE:TGP) dropped by -1.0% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? 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 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.274, an Accumulation/Distribution Index (ADI) of 0.274, an On-Balance Volume (OBV) of 1786.326, and a Chaiikin Money Flow (CMF) of 15.52. 113.0
Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for Teekay LNG Partners L.P. (NYSE:TGP). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.